£196,594
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 26 Jun 2023 |
| £117,000 | 14 Jun 2010 |
| £110,000 | 18 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 603 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 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £195,000 results in an estimated price of approximately £196,594.
| 26 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £195,000 | £1,594 | £196,594 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 6.158 % | £12,007 | £207,007 |
| 3 Month Average | -6.017 % | £-11,732 | £183,267 |
| 6 Month Average | -0.378 % | £-736 | £194,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £244,311 | £242,000 | 33 WALTHAM ROAD |
| 26 Jun 2023 | £196,594 | £195,000 | 16 WALTHAM ROAD |
| 23 Mar 2023 | £196,060 | £195,000 | 28 WALTHAM ROAD |
| 16 Jan 2023 | £208,171 | £210,000 | 5 SNAITH CLOSE |
| 5 Aug 2022 | £173,826 | £175,000 | 11 CHEDBURGH CLOSE |
This house has a floor area of 56 sq meters or 603 sq feet when measured on 14 Apr 2009. Using an estimated price of £196,594 means this house is valued at £3,508 per sq meter (£325 per sq foot).
The average size of a house on WALTHAM ROAD is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Waltham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Graveley Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langer Close |
| Jan 2024 | Other crime | Under investigation | On or near Leconfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pershore Way |