£190,283
This estimated value is based upon the latest sale price for the house of £114,950 on 1 Dec 2006. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,950 | 1 Dec 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 December 2006 the House Price Index for NORTH EAST LINCOLNSHIRE was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £114,950 results in an estimated price of approximately £190,283.
| 1 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £114,950 | £75,333 | £190,283 |
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 | -3.028 % | £-3,480 | £111,469 |
| 3 Month Average | 49.165 % | £56,514 | £171,464 |
| 6 Month Average | 40.357 % | £46,390 | £161,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2022 | £170,662 | £172,500 | 10 FORTUNA WAY |
| 26 Aug 2022 | £146,605 | £147,000 | 16 CYRANO WAY |
| 10 May 2022 | £229,321 | £225,000 | 41 ALBATROSS DRIVE |
| 25 Apr 2022 | £175,066 | £170,000 | 18 FORTUNA WAY |
| 10 Dec 2021 | £235,703 | £220,000 | 35 ALBATROSS DRIVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Sep 2013. Using an estimated price of £190,283 means this house is valued at £1,883 per sq meter (£175 per sq foot).
The average size of a house on GLORIA WAY is 119 sq meters (1,288 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aylesby Road |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Candlesby Road |