£137,112
This estimated value is based upon the latest sale price for the house of £122,000 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 13 Aug 2021 |
| £18,500 | 17 Sep 1999 |
| £16,000 | 28 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £122,000 results in an estimated price of approximately £137,112.
| 13 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £122,000 | £15,112 | £137,112 |
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 | 37.222 % | £45,410 | £167,410 |
| 3 Month Average | 24.027 % | £29,313 | £151,313 |
| 6 Month Average | 16.153 % | £19,706 | £141,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £53,354 | £52,000 | 57 RUTLAND STREET |
| 12 Jun 2023 | £43,879 | £43,000 | 51 DUKE STREET |
| 28 Apr 2023 | £91,715 | £90,000 | 415 CLEETHORPE ROAD |
| 27 Apr 2023 | £509,530 | £500,000 | 361 CLEETHORPE ROAD |
| 22 Aug 2022 | £40,188 | £40,000 | 40 GRAFTON STREET |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 26 Nov 2015. Using an estimated price of £137,113 means this house is valued at £737 per sq meter (£68 per sq foot).
The average size of a house on CLEETHORPE ROAD is 87 sq meters (937 sq feet).
This house is the largest in the street with a floor area of 186 sq meters (2,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stirling Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stirling Street |
| May 2024 | Public order | Awaiting court outcome | On or near Stirling Street |
| May 2024 | Public order | Awaiting court outcome | On or near Stirling Street |
| Jul 2024 | Burglary | Under investigation | On or near Police Station |