£55,239
This estimated value is based upon the latest sale price for the house of £55,500 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£55,500 | 27 Jan 2023 |
£50,000 | 26 Mar 2010 |
£17,000 | 17 Dec 1999 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 785 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 January 2023 the House Price Index for NORTH EAST LINCOLNSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £55,500 results in an estimated price of approximately £55,239.
27 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £55,500 | £-260 | £55,239 |
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 | -52.776 % | £-29,290 | £26,209 |
3 Month Average | -13.188 % | £-7,319 | £48,180 |
6 Month Average | -4.189 % | £-2,324 | £53,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £62,547 | £62,000 | 14 RICHARD STREET |
14 Mar 2023 | £60,571 | £60,000 | 1 RICHARD STREET |
7 Mar 2023 | £50,476 | £50,000 | 5 RICHARD STREET |
16 Feb 2023 | £38,974 | £39,000 | 91 LIME STREET |
27 Jan 2023 | £55,240 | £55,500 | 13 RICHARD STREET |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 29 Sep 2009. Using an estimated price of £55,240 means this house is valued at £756 per sq meter (£70 per sq foot).
The average size of a house on RICHARD STREET is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Richard Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Street |
Mar 2024 | Anti-social behaviour | On or near Richard Street | |
Mar 2024 | Anti-social behaviour | On or near Richard Street | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richard Street |