£244,499
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Sherwood Road
More crime details
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| Price Paid | Date |
|---|---|
| £245,000 | 19 Jun 2023 |
| £114,000 | 12 Dec 2017 |
| £34,000 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £245,000 results in an estimated price of approximately £244,499.
| 19 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £245,000 | £-500 | £244,499 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | 8.086 % | £19,810 | £264,810 |
| 3 Month Average | -11.319 % | £-27,731 | £217,268 |
| 6 Month Average | -7.161 % | £-17,545 | £227,454 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Jun 2017.
The average size of a house on WELLINGTON ROAD is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sherwood Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sherwood Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sherwood Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Byron Road |