£338,736
This estimated value is based upon the latest sale price for the house of £282,500 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £282,500 | 28 Aug 2020 |
| £234,000 | 4 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £282,500 results in an estimated price of approximately £338,736.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £282,500 | £56,236 | £338,736 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 72.563 % | £204,991 | £487,491 |
| 3 Month Average | 5.558 % | £15,700 | £298,200 |
| 6 Month Average | 6.478 % | £18,299 | £300,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £229,783 | £227,000 | 5 HARVEST COURT |
| 17 Feb 2023 | £146,901 | £147,000 | 70 MONTAIGNE CRESCENT |
| 10 Jan 2023 | £248,828 | £250,000 | 36 WOLSEY WAY |
| 28 Oct 2022 | £247,337 | £250,000 | 37 BUNKERS HILL |
| 29 Jul 2022 | £140,378 | £140,000 | 6 NEILE CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Aug 2016. Using an estimated price of £338,736 means this house is valued at £3,565 per sq meter (£331 per sq foot).
The average size of a house on WOLSEY WAY is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harvest Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montaigne Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montaigne Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montaigne Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montaigne Crescent |