£181,673
This estimated value is based upon the latest sale price for the house of £147,500 on 10 Apr 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,500 | 10 Apr 2019 |
| £136,000 | 3 Nov 2017 |
| £124,000 | 29 Feb 2008 |
| £113,000 | 21 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £147,500 results in an estimated price of approximately £181,673.
| 10 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £147,500 | £34,173 | £181,673 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 75.779 % | £111,773 | £259,273 |
| 3 Month Average | 50.333 % | £74,240 | £221,740 |
| 6 Month Average | 17.325 % | £25,553 | £173,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £208,770 | £207,500 | 6 PLOUGH DRIVE |
| 7 Jul 2023 | £446,726 | £442,500 | THE WOODLANDS WALESBY ROAD |
| 27 Apr 2023 | £186,385 | £185,000 | 16 LANCASTER DRIVE |
| 12 Oct 2022 | £216,778 | £220,000 | 4 THE ROW |
| 15 Jul 2022 | £104,858 | £105,000 | 6 WALESBY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Mar 2019. Using an estimated price of £181,674 means this house is valued at £2,558 per sq meter (£237 per sq foot).
The average size of a house on WALESBY ROAD is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walesby Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B1203 |
| Mar 2024 | Possession of weapons | Under investigation | On or near Lancaster Drive |
| Mar 2024 | Anti-social behaviour | On or near Lancaster Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Drive |