£263,730
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Oct 2013. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,000 | 25 Oct 2013 |
| £120,000 | 12 Nov 2007 |
| £74,500 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 October 2013 the House Price Index for NORTH EAST LINCOLNSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £160,000 results in an estimated price of approximately £263,730.
| 25 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £160,000 | £103,730 | £263,730 |
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 | 48.056 % | £76,888 | £236,888 |
| 3 Month Average | 29.093 % | £46,548 | £206,548 |
| 6 Month Average | 33.912 % | £54,258 | £214,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £224,959 | £220,000 | 24 TIMBERLEY DRIVE |
| 27 Sep 2023 | £286,311 | £280,000 | 37 MAYFAIR DRIVE WEST |
| 2 Jun 2023 | £250,010 | £245,000 | 48 WABY CLOSE |
| 21 Feb 2023 | £176,177 | £175,000 | 21 GEDNEY CLOSE |
| 6 Jul 2022 | £319,198 | £316,000 | 25 MAYFAIR DRIVE WEST |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 23 Sep 2016. Using an estimated price of £263,731 means this house is valued at £1,588 per sq meter (£147 per sq foot).
The average size of a house on MAYFAIR DRIVE WEST is 181 sq meters (1,958 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfair Drive West |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayfair Drive West |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayfair Drive West |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayfair Drive West |
| Jul 2024 | Anti-social behaviour | On or near Gedney Close |