£215,199
This estimated value is based upon the latest sale price for the house of £162,000 on 12 Sep 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 12 Sep 2016 |
| £157,000 | 23 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £162,000 results in an estimated price of approximately £215,199.
| 12 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £162,000 | £53,199 | £215,199 |
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 | 15.829 % | £25,642 | £187,642 |
| 3 Month Average | 50.060 % | £81,096 | £243,096 |
| 6 Month Average | 38.632 % | £62,583 | £224,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £237,235 | £235,000 | 5 DEFENDER DRIVE |
| 26 Aug 2022 | £146,605 | £147,000 | 16 CYRANO WAY |
| 4 Oct 2021 | £136,097 | £123,000 | 102 ALBATROSS DRIVE |
| 6 Aug 2021 | £189,655 | £170,000 | 30 CYRANO WAY |
| 29 Jul 2021 | £250,540 | £218,000 | 25 DEFENDER DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Jun 2014. Using an estimated price of £215,199 means this house is valued at £2,313 per sq meter (£214 per sq foot).
The average size of a house on DEFENDER DRIVE is 113 sq meters (1,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Defender Drive |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Albatross Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albatross Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Albatross Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Drive |