£62,365
This estimated value is based upon the latest sale price for the house of £50,000 on 29 May 2018. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 29 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £50,000 results in an estimated price of approximately £62,365.
| 29 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £50,000 | £12,365 | £62,365 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | -32.644 % | £-16,321 | £33,678 |
| 3 Month Average | 31.609 % | £15,804 | £65,804 |
| 6 Month Average | 22.880 % | £11,439 | £61,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £93,383 | £92,000 | 38 TINTERN WALK |
| 3 Nov 2023 | £91,352 | £90,000 | 20 TINTERN WALK |
| 25 Sep 2023 | £89,140 | £88,000 | 616 CROMWELL ROAD |
| 15 Sep 2023 | £70,907 | £70,000 | 40 BYLAND GROVE |
| 10 Jul 2023 | £60,819 | £60,000 | 56 BYLAND GROVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Nov 2017. Using an estimated price of £62,366 means this house is valued at £593 per sq meter (£55 per sq foot).
The average size of a house on TINTERN WALK is 93 sq meters (1,011 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Service Road 12 |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Service Road 14 |
| Apr 2024 | Anti-social behaviour | On or near Service Road 14 | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Service Road 14 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Service Road 14 |