£103,996
This estimated value is based upon the latest sale price for the house of £85,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 7 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in February 2020 the House Price Index for NORTH LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £85,000 results in an estimated price of approximately £103,996.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £85,000 | £18,996 | £103,996 |
The Postcode Pricing Model uses changes in average sales price within the DN17 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 | 30.551 % | £25,967 | £110,967 |
| 3 Month Average | 22.289 % | £18,945 | £103,945 |
| 6 Month Average | 15.109 % | £12,842 | £97,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £53,944 | £53,000 | 17 MARLOWE ROAD |
| 21 Jul 2023 | £25,341 | £25,000 | 22 SCOTT AVENUE |
| 3 Jul 2023 | £94,269 | £93,000 | 63 CANTERBURY CLOSE |
| 21 Apr 2023 | £96,034 | £95,000 | 21 COVENTRY CLOSE |
| 15 Mar 2023 | £98,932 | £98,000 | 45 CANTERBURY CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 18 Apr 2019. Using an estimated price of £103,997 means this house is valued at £1,072 per sq meter (£99 per sq foot).
The average size of a house on LICHFIELD AVENUE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gray Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Gray Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Gray Road |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Gray Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Gray Road |