£70,935
This estimated value is based upon the latest sale price for the house of £50,000 on 7 Sep 2015. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 7 Sep 2015 |
| £19,500 | 30 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 September 2015 the House Price Index for NORTH LINCOLNSHIRE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £50,000 results in an estimated price of approximately £70,935.
| 7 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £50,000 | £20,935 | £70,935 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 32.414 % | £16,206 | £66,206 |
| 3 Month Average | 44.405 % | £22,202 | £72,202 |
| 6 Month Average | 32.288 % | £16,143 | £66,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £106,578 | £105,000 | 45 COLLUM AVENUE |
| 22 Sep 2023 | £141,307 | £139,500 | 31 ALVINGHAM ROAD |
| 28 Jul 2023 | £144,444 | £142,500 | 37 COLLUM AVENUE |
| 13 Jul 2023 | £154,074 | £152,000 | 16 STOW ROAD |
| 1 Mar 2023 | £168,588 | £167,000 | 11 PETERBOROUGH ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Jun 2014. Using an estimated price of £70,935 means this house is valued at £1,144 per sq meter (£106 per sq foot).
The average size of a house on GLOUCESTER AVENUE is 105 sq meters (1,136 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Poplar Gardens |
| Feb 2024 | Public order | Under investigation | On or near Poplar Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Poplar Gardens |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Poplar Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Poplar Gardens |