£306,134
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Westwood Drive
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| Price Paid | Date |
|---|---|
| £300,000 | 16 Jun 2023 |
| £245,000 | 30 Jul 2019 |
| £155,000 | 25 Apr 2005 |
| £147,000 | 21 May 2004 |
| £120,000 | 31 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in June 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £300,000 results in an estimated price of approximately £306,134.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £300,000 | £6,134 | £306,134 |
The Postcode Pricing Model uses changes in average sales price within the PE10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -23.260 % | £-69,779 | £230,220 |
| 3 Month Average | -3.532 % | £-10,595 | £289,404 |
| 6 Month Average | 1.018 % | £3,052 | £303,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £140,000 | £140,000 | 77A WEST ROAD |
| 14 Dec 2023 | £309,511 | £300,000 | 23 WITHAM CRESCENT |
| 11 Aug 2023 | £229,133 | £225,000 | 9 NENE CLOSE |
| 23 Jun 2023 | £448,998 | £440,000 | 95 WEST ROAD |
| 16 Jun 2023 | £306,135 | £300,000 | 61 WESTWOOD DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 21 Dec 2018. Using an estimated price of £306,135 means this house is valued at £2,509 per sq meter (£233 per sq foot).
The average size of a house on WESTWOOD DRIVE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Westwood Drive | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Drive | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Drive | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westwood Drive |
| Jul 2024 | Burglary | Under investigation | On or near Westwood Drive |