£60,205
This estimated value is based upon the latest sale price for the house of £40,000 on 29 Sep 2014. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 29 Sep 2014 |
| £20,950 | 22 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2014 the House Price Index for NORTH EAST LINCOLNSHIRE was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £40,000 results in an estimated price of approximately £60,205.
| 29 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £40,000 | £20,205 | £60,205 |
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 | -22.312 % | £-8,924 | £31,075 |
| 3 Month Average | 36.111 % | £14,444 | £54,444 |
| 6 Month Average | 37.383 % | £14,953 | £54,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £44,784 | £44,000 | 95 GILBEY ROAD |
| 8 Dec 2023 | £54,962 | £54,000 | 131 GILBEY ROAD |
| 14 Nov 2023 | £32,988 | £32,500 | 116 GILBEY ROAD |
| 1 Aug 2023 | £87,768 | £87,000 | 155 NEWHAVEN TERRACE |
| 21 Jun 2023 | £62,760 | £62,000 | 97 GILBEY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 15 Nov 2013. Using an estimated price of £60,206 means this house is valued at £700 per sq meter (£65 per sq foot).
The average size of a house on NEWHAVEN TERRACE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near New Haven Terrace | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Haven Terrace |
| Feb 2024 | Vehicle crime | Under investigation | On or near New Haven Terrace |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Clavering Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clavering Street |