£77,251
This estimated value is based upon the latest sale price for the house of £45,500 on 5 Oct 2012. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£45,500 | 5 Oct 2012 |
£57,000 | 15 Oct 2004 |
Terraced |
Freehold |
Floor Area: 20 sq meters or 219 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 2012 the House Price Index for NORTH EAST LINCOLNSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £45,500 results in an estimated price of approximately £77,251.
5 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £45,500 | £31,751 | £77,251 |
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 | -28.803 % | £-13,105 | £32,394 |
3 Month Average | 33.688 % | £15,328 | £60,828 |
6 Month Average | 29.321 % | £13,340 | £58,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £121,803 | £120,000 | 3 VERE TERRACE |
11 Aug 2023 | £88,272 | £87,500 | 11 WATERSIDE DRIVE |
1 Aug 2023 | £90,794 | £90,000 | 2 VERE TERRACE |
28 Apr 2023 | £92,496 | £91,500 | 67 WATERSIDE DRIVE |
14 Feb 2023 | £82,195 | £82,250 | 9 WATERSIDE DRIVE |
This house has a floor area of 20 sq meters or 219 sq feet when measured on 17 Aug 2011. Using an estimated price of £77,251 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on WATERSIDE DRIVE is 58 sq meters (628 sq feet).
This house is the smallest in the street with a floor area of 20 sq meters (219 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Yarborough Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edmonds Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edmonds Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haven Terrace |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haven Terrace |