£103,282
This estimated value is based upon the latest sale price for the house of £62,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,000 | 30 Aug 2013 |
| £39,950 | 21 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH EAST LINCOLNSHIRE to estimate the market value.
When this house was purchased in August 2013 the House Price Index for NORTH EAST LINCOLNSHIRE was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £62,000 results in an estimated price of approximately £103,282.
| 30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £62,000 | £41,282 | £103,282 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 70.043 % | £43,426 | £105,426 |
| 3 Month Average | 67.346 % | £41,754 | £103,754 |
| 6 Month Average | 48.428 % | £30,025 | £92,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £77,378 | £75,000 | 116 CROMWELL ROAD |
| 28 Nov 2023 | £97,474 | £95,000 | 46 WHARTON STREET |
| 27 Sep 2023 | £56,240 | £55,000 | 26 LAWSON AVENUE |
| 4 Aug 2023 | £68,231 | £67,000 | 32 LAWSON AVENUE |
| 1 Aug 2023 | £84,524 | £83,000 | 5 WELLS STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 May 2013. Using an estimated price of £103,282 means this house is valued at £1,187 per sq meter (£110 per sq foot).
There is one other house on the street which we know the size of, this is 2 CHESTNUT AVENUE it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |