£141,449
This estimated value is based upon the latest sale price for the house of £136,500 on 3 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £136,500 | 3 Mar 2022 |
| £124,950 | 1 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £136,500 results in an estimated price of approximately £141,449.
| 3 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £136,500 | £4,949 | £141,449 |
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 | 17.328 % | £23,652 | £160,152 |
| 3 Month Average | 3.215 % | £4,388 | £140,888 |
| 6 Month Average | 5.154 % | £7,034 | £143,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £197,660 | £195,000 | 121 WOODTHORPE AVENUE |
| 9 Jun 2023 | £146,778 | £145,000 | 5 LADDS CLOSE |
| 3 Feb 2023 | £118,920 | £119,000 | 4 WING DRIVE |
| 20 Jan 2023 | £159,250 | £160,000 | 6 LADDS CLOSE |
| 20 Jan 2023 | £154,273 | £155,000 | 182 WELLINGTON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Jan 2020. Using an estimated price of £141,450 means this house is valued at £1,837 per sq meter (£170 per sq foot).
The average size of a house on WOODTHORPE AVENUE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Alcorn Green |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodthorpe Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladds Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladds Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hide Close |