£220,035
This estimated value is based upon the latest sale price for the house of £167,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Wellington Way
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| Price Paid | Date |
|---|---|
| £167,000 | 4 Nov 2016 |
| £100,000 | 2 May 2014 |
| £80,000 | 15 Mar 2013 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in November 2016 the House Price Index for NORTH LINCOLNSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £167,000 results in an estimated price of approximately £220,035.
| 4 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £167,000 | £53,035 | £220,035 |
The Postcode Pricing Model uses changes in average sales price within the DN20 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 | 54.908 % | £91,697 | £258,697 |
| 3 Month Average | 30.381 % | £50,735 | £217,735 |
| 6 Month Average | 17.445 % | £29,132 | £196,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £337,957 | £335,000 | 14 TOP ROAD |
| 18 Aug 2023 | £161,412 | £160,000 | 31 TOP ROAD |
| 21 Jul 2023 | £486,548 | £480,000 | 9 FRONT STREET |
| 28 Apr 2023 | £227,449 | £225,000 | 11 MALTKILN LANE |
| 26 Aug 2022 | £312,160 | £313,000 | 24 NEW STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Wellington Way |
| Apr 2024 | Burglary | Under investigation | On or near Wellington Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Middle Barn Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Low Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |