£60,257
This estimated value is based upon the latest sale price for the house of £39,950 on 4 Nov 2014. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£39,950 | 4 Nov 2014 |
£50,000 | 28 Mar 2014 |
£60,000 | 7 Sep 2010 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 917 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 2014 the House Price Index for NORTH EAST LINCOLNSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £39,950 results in an estimated price of approximately £60,257.
4 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £39,950 | £20,307 | £60,257 |
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 | 167.356 % | £66,858 | £106,808 |
3 Month Average | 71.333 % | £28,497 | £68,447 |
6 Month Average | 55.318 % | £22,099 | £62,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £56,240 | £55,000 | 26 LAWSON AVENUE |
21 Sep 2023 | £79,758 | £78,000 | 168 MACAULAY STREET |
31 Aug 2023 | £89,616 | £88,000 | 205 MACAULAY STREET |
4 Aug 2023 | £68,231 | £67,000 | 32 LAWSON AVENUE |
14 Jun 2023 | £51,022 | £50,000 | 19 BOULEVARD AVENUE |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 2 Jul 2009. Using an estimated price of £60,258 means this house is valued at £707 per sq meter (£65 per sq foot).
The average size of a house on LANCASTER AVENUE is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Lancaster Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |
May 2024 | Public order | Unable to prosecute suspect | On or near Lancaster Avenue |
Apr 2024 | Criminal damage and arson | Local resolution | On or near Lancaster Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawson Avenue |