£285,618
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Mar 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 March 1998 the House Price Index for LINCOLNSHIRE was 31.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 376.031%.Applying this 376.031% change to the original purchase price of £60,000 results in an estimated price of approximately £285,618.
| 27 Mar 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.0 | 376.031 % | £60,000 | £225,618 | £285,618 |
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 | 398.847 % | £239,308 | £299,308 |
| 3 Month Average | 394.220 % | £236,532 | £296,532 |
| 6 Month Average | 302.868 % | £181,720 | £241,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £140,761 | £140,000 | 11 PROSPECT PLACE |
| 3 Mar 2023 | £186,005 | £185,000 | 13 WILLINGHAM ROAD |
| 11 Mar 2022 | £242,538 | £235,000 | 29 WILLINGHAM ROAD |
| 28 Feb 2022 | £100,790 | £96,500 | 20 PROSPECT PLACE |
| 4 Feb 2022 | £108,102 | £103,500 | 10 WILLINGHAM ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 31 May 2014. Using an estimated price of £285,618 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on WILLINGHAM ROAD is 123 sq meters (1,325 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prospect Place |
| Mar 2024 | Anti-social behaviour | On or near Prospect Place | |
| Mar 2024 | Anti-social behaviour | On or near Prospect Place | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lime Walk |
| Apr 2024 | Anti-social behaviour | On or near Serpentine Street |