£71,428
This estimated value is based upon the latest sale price for the house of £43,000 on 23 Jul 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 |
|---|---|
| £43,000 | 23 Jul 2013 |
| £26,000 | 22 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 July 2013 the House Price Index for NORTH EAST LINCOLNSHIRE was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £43,000 results in an estimated price of approximately £71,428.
| 23 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £43,000 | £28,428 | £71,428 |
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 | -29.445 % | £-12,661 | £30,338 |
| 3 Month Average | 33.707 % | £14,494 | £57,494 |
| 6 Month Average | 35.117 % | £15,100 | £58,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £86,042 | £85,000 | 9 ALEXANDRA WHARF |
| 21 Feb 2023 | £30,679 | £30,700 | 47 ALEXANDRA ROAD |
| 20 Feb 2023 | £81,945 | £82,000 | 14 SOMERSBY STREET |
| 2 Nov 2022 | £29,641 | £30,000 | 51 ALEXANDRA ROAD |
| 29 Apr 2022 | £108,129 | £105,000 | 116 FILDES STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 30 Jan 2013. Using an estimated price of £71,428 means this house is valued at £721 per sq meter (£67 per sq foot).
The average size of a house on SOMERSBY STREET is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Somersby Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somersby Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somersby Street |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Somersby Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Parade |