£87,344
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 20 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £45,000 results in an estimated price of approximately £87,344.
| 20 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £45,000 | £42,344 | £87,344 |
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 | 66.052 % | £29,723 | £74,723 |
| 3 Month Average | 56.585 % | £25,463 | £70,463 |
| 6 Month Average | 47.226 % | £21,251 | £66,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £66,014 | £65,000 | 14 LINCOLN BOULEVARD |
| 19 Dec 2023 | £77,378 | £75,000 | 116 CROMWELL ROAD |
| 28 Nov 2023 | £97,474 | £95,000 | 46 WHARTON STREET |
| 5 Sep 2023 | £54,195 | £53,000 | 6 LINCOLN BOULEVARD |
| 1 Aug 2023 | £84,524 | £83,000 | 5 WELLS STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 29 Jun 2016. Using an estimated price of £87,345 means this house is valued at £919 per sq meter (£85 per sq foot).
The average size of a house on LINCOLN BOULEVARD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wells Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wells Street |
| Jul 2024 | Public order | Under investigation | On or near Wells Street |
| Jun 2024 | Public order | Under investigation | On or near Wells Street |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Wells Street |