£224,390
This estimated value is based upon the latest sale price for the house of £119,000 on 14 Dec 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 |
|---|---|
| £119,000 | 14 Dec 2004 |
| Semi-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 December 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £119,000 results in an estimated price of approximately £224,390.
| 14 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £119,000 | £105,390 | £224,390 |
The Postcode Pricing Model uses changes in average sales price within the DN40 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 | 40.994 % | £48,782 | £167,782 |
| 3 Month Average | 101.525 % | £120,815 | £239,815 |
| 6 Month Average | 89.188 % | £106,133 | £225,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £126,705 | £125,000 | 3 JERSEY PLACE |
| 28 Jul 2023 | £157,115 | £155,000 | 50 JERSEY PLACE |
| 3 Jul 2023 | £228,070 | £225,000 | 22 ANGLESEY DRIVE |
| 28 Apr 2023 | £146,578 | £145,000 | 12 GUERNSEY GROVE |
| 11 Nov 2022 | £118,564 | £120,000 | 55 JERSEY PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Alderney Way |
| Feb 2024 | Anti-social behaviour | On or near Alderney Way | |
| Feb 2024 | Anti-social behaviour | On or near Alderney Way | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Guernsey Grove |
| Feb 2024 | Vehicle crime | Under investigation | On or near Anglesey Drive |