£278,961
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Sep 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 24 Sep 2004 |
| £58,500 | 31 Jan 1997 |
| Detached |
| Freehold |
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 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £145,000 results in an estimated price of approximately £278,961.
| 24 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £145,000 | £133,961 | £278,961 |
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 | 109.231 % | £158,384 | £303,384 |
| 3 Month Average | 62.349 % | £90,406 | £235,406 |
| 6 Month Average | 63.124 % | £91,530 | £236,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £187,000 | £187,000 | 5 ALBATROSS DRIVE |
| 24 Oct 2022 | £171,926 | £172,500 | 10 FORTUNA WAY |
| 26 Aug 2022 | £147,691 | £147,000 | 16 CYRANO WAY |
| 10 May 2022 | £231,019 | £225,000 | 41 ALBATROSS DRIVE |
| 25 Apr 2022 | £176,362 | £170,000 | 18 FORTUNA WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albatross Drive |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Albatross Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albatross Drive |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Albatross Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aylesby Road |