£251,741
This estimated value is based upon the latest sale price for the house of £200,000 on 26 Feb 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 26 Feb 2018 |
| £143,000 | 14 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2018 the House Price Index for LINCOLNSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £200,000 results in an estimated price of approximately £251,741.
| 26 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £200,000 | £51,741 | £251,741 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 41.293 % | £82,586 | £282,586 |
| 3 Month Average | 22.983 % | £45,966 | £245,966 |
| 6 Month Average | 26.292 % | £52,584 | £252,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £270,000 | £270,000 | 4 MARIETTE WAY |
| 7 Jun 2024 | £470,000 | £470,000 | 13 MARIETTE WAY |
| 20 Mar 2024 | £204,136 | £201,000 | 49 CATHEDRAL DRIVE |
| 17 Oct 2023 | £241,485 | £236,000 | 5 LINCOLN WAY |
| 23 Jun 2023 | £338,789 | £332,000 | 82 WOOLRAM WYGATE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Nov 2017. Using an estimated price of £251,742 means this house is valued at £3,312 per sq meter (£307 per sq foot).
The average size of a house on WOOLRAM WYGATE is 137 sq meters (1,483 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Woolram Wygate |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Cathedral Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lucerne Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lucerne Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lucerne Close |