£276,324
This estimated value is based upon the latest sale price for the house of £173,000 on 10 Jan 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,000 | 10 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2014 the House Price Index for LINCOLNSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £173,000 results in an estimated price of approximately £276,324.
| 10 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £173,000 | £103,324 | £276,324 |
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 | 132.189 % | £228,687 | £401,687 |
| 3 Month Average | 45.897 % | £79,402 | £252,402 |
| 6 Month Average | 39.791 % | £68,837 | £241,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £253,238 | £250,000 | 240 WOLSEY WAY |
| 15 Aug 2023 | £322,824 | £320,000 | 7 WESTHOLM CLOSE |
| 11 Aug 2023 | £332,912 | £330,000 | 6 LARKSPUR ROAD |
| 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 78 sq meters or 839 sq feet when measured on 11 Dec 2012. Using an estimated price of £276,325 means this house is valued at £3,542 per sq meter (£329 per sq foot).
The average size of a house on WESTHOLM CLOSE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Feb 2024 | Anti-social behaviour | On or near Westholm Close |