£237,752
This estimated value is based upon the latest sale price for the house of £89,500 on 4 Oct 2002. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£89,500 | 4 Oct 2002 |
£81,000 | 29 Jan 1998 |
Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in October 2002 the House Price Index for NORTH LINCOLNSHIRE was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £89,500 results in an estimated price of approximately £237,752.
4 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £89,500 | £148,252 | £237,752 |
The Postcode Pricing Model uses changes in average sales price within the DN15 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 | 153.491 % | £137,374 | £226,874 |
3 Month Average | 191.770 % | £171,633 | £261,133 |
6 Month Average | 203.106 % | £181,779 | £271,279 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £112,020 | £110,000 | 5 ORCHID RISE |
5 Jan 2023 | £235,630 | £235,000 | 85 BRUMBY WOOD LANE |
20 Sep 2022 | £159,893 | £160,000 | 16 ORCHID RISE |
29 Apr 2022 | £187,773 | £181,000 | 17 ORCHID RISE |
6 Apr 2022 | £121,897 | £117,500 | 40 ORCHID RISE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 23 Oct 2013. Using an estimated price of £237,752 means this house is valued at £2,201 per sq meter (£204 per sq foot).
The average size of a house on ORCHID RISE is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Orchid Rise |
May 2024 | Violence and sexual offences | Under investigation | On or near Orchid Rise |
May 2024 | Violence and sexual offences | Under investigation | On or near Orchid Rise |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Fuchsia Croft |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fuchsia Croft |