£227,590
This estimated value is based upon the latest sale price for the house of £184,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £184,000 | 10 Aug 2018 |
| £150,000 | 23 Apr 2018 |
| £130,000 | 4 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2018 the House Price Index for LINCOLNSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £184,000 results in an estimated price of approximately £227,590.
| 10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £184,000 | £43,590 | £227,590 |
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 | 78.741 % | £144,882 | £328,882 |
| 3 Month Average | 15.275 % | £28,106 | £212,106 |
| 6 Month Average | 11.218 % | £20,640 | £204,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £121,141 | £120,000 | 25 MONTAIGNE CLOSE |
| 10 Jan 2023 | £248,828 | £250,000 | 36 WOLSEY WAY |
| 8 Aug 2022 | £137,630 | £138,000 | 5 MONTAIGNE CLOSE |
| 24 Jun 2022 | £339,802 | £335,000 | 24 WOLSEY WAY |
| 11 Mar 2022 | £261,138 | £252,000 | 49 WOLSEY WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 19 Jul 2012. Using an estimated price of £227,590 means this house is valued at £3,857 per sq meter (£358 per sq foot).
The average size of a house on WOLSEY WAY is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wolsey Way | |
| Feb 2024 | Anti-social behaviour | On or near Wolsey Way | |
| 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 |