£365,897
This estimated value is based upon the latest sale price for the house of £179,000 on 5 Apr 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £179,000 | 5 Apr 2004 |
| £179,000 | 5 Apr 2004 |
| £79,950 | 14 Oct 1996 |
| £70,000 | 11 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,102 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 April 2004 the House Price Index for LINCOLNSHIRE was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £179,000 results in an estimated price of approximately £365,897.
| 5 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £179,000 | £186,897 | £365,897 |
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 | 173.112 % | £309,871 | £488,871 |
| 3 Month Average | 88.561 % | £158,523 | £337,523 |
| 6 Month Average | 86.236 % | £154,363 | £333,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £258,303 | £255,000 | 250 WOLSEY WAY |
| 4 Sep 2023 | £253,238 | £250,000 | 240 WOLSEY WAY |
| 15 Aug 2023 | £322,824 | £320,000 | 7 WESTHOLM CLOSE |
| 21 Jun 2023 | £242,943 | £240,000 | 1 ARABIS CLOSE |
| 16 Jun 2023 | £202,452 | £200,000 | 4 WINDERMERE ROAD |
This house has a floor area of 102 sq meters or 1,102 sq feet when measured on 4 Sep 2009. Using an estimated price of £365,898 means this house is valued at £3,572 per sq meter (£331 per sq foot).
The average size of a house on ARABIS CLOSE is 107 sq meters (1,159 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Chatsworth Close |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close | |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close | |
| Mar 2024 | Anti-social behaviour | On or near Westholm Close | |
| Feb 2024 | Anti-social behaviour | On or near Westholm Close |