£207,687
This estimated value is based upon the latest sale price for the house of £165,000 on 8 Feb 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 8 Feb 2018 |
| £157,000 | 8 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 £165,000 results in an estimated price of approximately £207,687.
| 8 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £165,000 | £42,687 | £207,687 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 5.153 % | £8,503 | £173,503 |
| 3 Month Average | 21.662 % | £35,742 | £200,742 |
| 6 Month Average | 28.846 % | £47,595 | £212,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £172,376 | £168,000 | 32 RIVERSIDE DRIVE |
| 10 Feb 2023 | £191,278 | £190,000 | 14 RIVERSIDE DRIVE |
| 18 Nov 2022 | £131,883 | £132,500 | 155 RIVERSIDE DRIVE |
| 9 Sep 2022 | £186,875 | £187,000 | 8 WITHAM MEWS |
| 15 Aug 2022 | £107,503 | £107,000 | 231 RIVERSIDE DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 19 Jun 2020. Using an estimated price of £207,687 means this house is valued at £2,186 per sq meter (£203 per sq foot).
The average size of a house on WITHAM MEWS is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Witham Mews |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Witham Mews |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Witham Mews |
| Jul 2024 | Anti-social behaviour | On or near Witham Mews | |
| Jul 2024 | Anti-social behaviour | On or near Witham Mews |