£73,081
This estimated value is based upon the latest sale price for the house of £72,000 on 17 Nov 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 |
|---|---|
| £72,000 | 17 Nov 2023 |
| £46,000 | 7 Nov 2003 |
| £30,000 | 19 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 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 November 2023 the House Price Index for NORTH EAST LINCOLNSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £72,000 results in an estimated price of approximately £73,081.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £72,000 | £1,081 | £73,081 |
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 | -40.991 % | £-29,513 | £42,486 |
| 3 Month Average | -13.965 % | £-10,054 | £61,945 |
| 6 Month Average | -10.636 % | £-7,657 | £64,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £54,000 | £54,000 | 218 LORD STREET |
| 18 Dec 2023 | £63,613 | £62,500 | 41 BOULEVARD AVENUE |
| 17 Nov 2023 | £73,082 | £72,000 | 210 LORD STREET |
| 4 Apr 2023 | £75,816 | £75,000 | 105 BOULEVARD AVENUE |
| 10 Mar 2023 | £60,571 | £60,000 | 87 BOULEVARD AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Jun 2020. Using an estimated price of £73,082 means this house is valued at £1,001 per sq meter (£93 per sq foot).
The average size of a house on LORD STREET is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Salamander Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salamander Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salamander Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Salamander Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salamander Close |