£487,234
This estimated value is based upon the latest sale price for the house of £460,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £460,000 | 22 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £460,000 results in an estimated price of approximately £487,234.
| 22 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £460,000 | £27,234 | £487,234 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | -8.601 % | £-39,562 | £420,437 |
| 3 Month Average | -12.573 % | £-57,835 | £402,164 |
| 6 Month Average | -5.552 % | £-25,540 | £434,459 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Nov 2016.
The average size of a house on WESLEY CLOSE is 148 sq meters (1,594 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Grantham Road |
| Mar 2024 | Anti-social behaviour | On or near Cornfield View | |
| Mar 2024 | Anti-social behaviour | On or near Charlotte Street | |
| Feb 2024 | Drugs | Under investigation | On or near Charlotte Street |
| Jan 2024 | Anti-social behaviour | On or near Charlotte Street |