£70,562
This estimated value is based upon the latest sale price for the house of £65,000 on 7 Sep 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£65,000 | 7 Sep 2021 |
£52,000 | 30 Mar 2005 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £65,000 results in an estimated price of approximately £70,562.
7 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £65,000 | £5,562 | £70,562 |
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 | -18.931 % | £-12,305 | £52,694 |
3 Month Average | 9.098 % | £5,913 | £70,913 |
6 Month Average | 6.774 % | £4,402 | £69,402 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £45,956 | £45,250 | 136 ELSENHAM ROAD |
19 Dec 2023 | £45,395 | £44,000 | 95 GILBEY ROAD |
12 Dec 2023 | £51,585 | £50,000 | 126 ELSENHAM ROAD |
14 Nov 2023 | £33,346 | £32,500 | 116 GILBEY ROAD |
21 Jun 2023 | £63,268 | £62,000 | 97 GILBEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Mar 2014. Using an estimated price of £70,562 means this house is valued at £792 per sq meter (£73 per sq foot).
The average size of a house on ELSENHAM ROAD is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Stansted Street |
Jun 2024 | Anti-social behaviour | On or near Stansted Street | |
Jun 2024 | Other theft | Under investigation | On or near Stansted Street |
Jun 2024 | Drugs | Formal action is not in the public interest | On or near Stansted Street |
Jun 2024 | Anti-social behaviour | On or near Stansted Street |