£297,854
This estimated value is based upon the latest sale price for the house of £235,000 on 11 Sep 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 11 Sep 2017 |
| £148,000 | 9 May 2011 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 812 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 September 2017 the House Price Index for LINCOLNSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £235,000 results in an estimated price of approximately £297,854.
| 11 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £235,000 | £62,854 | £297,854 |
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 | 7.632 % | £17,934 | £252,934 |
| 3 Month Average | 13.686 % | £32,161 | £267,161 |
| 6 Month Average | 18.124 % | £42,592 | £277,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £245,301 | £242,000 | 33 WALTHAM ROAD |
| 26 Jun 2023 | £197,391 | £195,000 | 16 WALTHAM ROAD |
| 23 Mar 2023 | £196,855 | £195,000 | 28 WALTHAM ROAD |
| 16 Jan 2023 | £209,015 | £210,000 | 5 SNAITH CLOSE |
| 5 Aug 2022 | £174,530 | £175,000 | 11 CHEDBURGH CLOSE |
This house has a floor area of 75 sq meters or 812 sq feet when measured on 19 Nov 2010. Using an estimated price of £297,854 means this house is valued at £3,948 per sq meter (£366 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 |