£97,480
This estimated value is based upon the latest sale price for the house of £70,000 on 23 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 23 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2015 the House Price Index for NORTH EAST LINCOLNSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £70,000 results in an estimated price of approximately £97,480.
| 23 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £70,000 | £27,480 | £97,480 |
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 | 7.858 % | £5,500 | £75,500 |
| 3 Month Average | 45.946 % | £32,161 | £102,161 |
| 6 Month Average | 31.700 % | £22,190 | £92,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £119,773 | £118,000 | 522 CROMWELL ROAD |
| 6 Nov 2023 | £93,383 | £92,000 | 38 TINTERN WALK |
| 3 Nov 2023 | £91,352 | £90,000 | 20 TINTERN WALK |
| 29 Sep 2023 | £96,230 | £95,000 | 17 BUCKFAST CLOSE |
| 16 Jun 2023 | £75,920 | £75,000 | 24 TINTERN WALK |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 5 Mar 2015. Using an estimated price of £97,481 means this house is valued at £1,203 per sq meter (£111 per sq foot).
The average size of a house on TINTERN WALK is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Service Road 13 |
| Apr 2024 | Anti-social behaviour | On or near Service Road 14 | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Service Road 13 |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Service Road 14 |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Service Road 14 |