£66,777
This estimated value is based upon the latest sale price for the house of £50,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 17 Jun 2016 |
| £69,000 | 28 Jun 2006 |
| £31,000 | 20 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £50,000 results in an estimated price of approximately £66,777.
| 17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £50,000 | £16,777 | £66,777 |
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 | 108.801 % | £54,400 | £104,400 |
| 3 Month Average | 56.580 % | £28,290 | £78,290 |
| 6 Month Average | 32.099 % | £16,049 | £66,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £55,712 | £55,000 | 26 LAWSON AVENUE |
| 4 Aug 2023 | £67,591 | £67,000 | 32 LAWSON AVENUE |
| 31 Mar 2023 | £74,956 | £74,250 | 207 MACAULAY STREET |
| 20 Jan 2023 | £82,113 | £82,500 | 220 MACAULAY STREET |
| 13 Jan 2023 | £84,601 | £85,000 | 215 MACAULAY STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 7 Jul 2016. Using an estimated price of £66,777 means this house is valued at £629 per sq meter (£58 per sq foot).
The average size of a house on MACAULAY STREET is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lawson Avenue |
| Mar 2024 | Drugs | Offender given a caution | On or near Lawson Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawson Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lawson Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawson Avenue |