£114,781
This estimated value is based upon the latest sale price for the house of £68,000 on 27 Feb 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £68,000 | 27 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 2013 the House Price Index for LINCOLNSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £68,000 results in an estimated price of approximately £114,781.
| 27 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £68,000 | £46,781 | £114,781 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 50.981 % | £34,666 | £102,666 |
| 3 Month Average | 44.655 % | £30,365 | £98,365 |
| 6 Month Average | 51.034 % | £34,703 | £102,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £262,830 | £260,000 | 18 WITHAM BANK WEST |
| 28 Apr 2023 | £188,024 | £186,000 | 63 RIVERSIDE |
| 23 Feb 2023 | £109,926 | £110,000 | 4 LAMBS ROW |
| 17 Nov 2022 | £123,504 | £125,000 | 59D TATTERSHALL ROAD |
| 28 Oct 2022 | £112,786 | £114,000 | 18 LAMBS ROW |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Oct 2012. Using an estimated price of £114,781 means this house is valued at £1,350 per sq meter (£125 per sq foot).
The average size of a house on WITHAM TOWN is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Jubilee Avenue |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Jubilee Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Avenue |