£94,320
This estimated value is based upon the latest sale price for the house of £18,750 on 8 Sep 1997. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£18,750 | 8 Sep 1997 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 1997 the House Price Index for NORTH EAST LINCOLNSHIRE was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £18,750 results in an estimated price of approximately £94,320.
8 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.8 | 149.7 | 403.041 % | £18,750 | £75,570 | £94,320 |
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 | 406.217 % | £76,165 | £94,915 |
3 Month Average | 261.206 % | £48,976 | £67,726 |
6 Month Average | 240.293 % | £45,054 | £63,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Oct 2023 | £81,859 | £80,000 | 65 WHITGIFT WAY |
16 Oct 2023 | £102,324 | £100,000 | 38 LOFT AVENUE |
14 Sep 2023 | £112,480 | £110,000 | 28 AMPLEFORTH AVENUE |
6 Apr 2023 | £112,097 | £110,000 | 12 QUEENSWAY |
6 Jul 2022 | £101,012 | £100,000 | 9 STOKESLEY WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Dec 2019. Using an estimated price of £94,320 means this house is valued at £1,084 per sq meter (£100 per sq foot).
The average size of a house on LOFT AVENUE is 95 sq meters (1,025 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Service Road 7 |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Service Road 7 |
May 2024 | Violence and sexual offences | Under investigation | On or near Service Road 7 |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Service Road 7 |
Apr 2024 | Robbery | Under investigation | On or near Service Road 7 |