£214,799
This estimated value is based upon the latest sale price for the house of £159,950 on 20 May 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Candlesby Road
More crime details
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Price Paid | Date |
---|---|
£159,950 | 20 May 2016 |
£100,000 | 20 Jun 2003 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 May 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £159,950 results in an estimated price of approximately £214,799.
20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £159,950 | £54,849 | £214,799 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | -4.828 % | £-7,722 | £152,227 |
3 Month Average | 53.512 % | £85,591 | £245,541 |
6 Month Average | 47.653 % | £76,220 | £236,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £101,364 | £100,000 | 10 ST NICHOLAS DRIVE |
16 Jun 2023 | £172,084 | £170,000 | 32 CANDLESBY ROAD |
2 Jun 2023 | £185,244 | £183,000 | 37 FAULDING WAY |
2 Jun 2023 | £183,219 | £181,000 | 129 FAULDING WAY |
11 Nov 2022 | £242,068 | £245,000 | 71 FAULDING WAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 4 Apr 2016. Using an estimated price of £214,799 means this house is valued at £2,007 per sq meter (£186 per sq foot).
The average size of a house on CANDLESBY ROAD is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Awaiting court outcome | On or near Candlesby Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Candlesby Road |
Apr 2024 | Anti-social behaviour | On or near Faulding Way | |
Mar 2024 | Anti-social behaviour | On or near Faulding Way | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faulding Way |