£98,410
This estimated value is based upon the latest sale price for the house of £85,000 on 28 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 28 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 812 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 July 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £85,000 results in an estimated price of approximately £98,410.
| 28 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £85,000 | £13,410 | £98,410 |
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 | 24.842 % | £21,115 | £106,115 |
| 3 Month Average | 29.110 % | £24,743 | £109,743 |
| 6 Month Average | 17.276 % | £14,684 | £99,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £40,624 | £40,000 | 49 LISTER STREET |
| 19 Dec 2023 | £106,265 | £103,000 | 34 SALAMANDER CLOSE |
| 18 Dec 2023 | £64,481 | £62,500 | 41 BOULEVARD AVENUE |
| 13 Oct 2023 | £63,441 | £62,000 | 61 LISTER STREET |
| 21 Sep 2023 | £79,758 | £78,000 | 168 MACAULAY STREET |
This house has a floor area of 75 sq meters or 812 sq feet when measured on 5 Jul 2011. Using an estimated price of £98,411 means this house is valued at £1,304 per sq meter (£121 per sq foot).
The average size of a house on MACAULAY STREET is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Boulevard Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Boulevard Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boulevard Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Boulevard Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boulevard Avenue |