£64,508
This estimated value is based upon the latest sale price for the house of £52,500 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£52,500 | 10 Jan 2020 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 January 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £52,500 results in an estimated price of approximately £64,508.
10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £52,500 | £12,008 | £64,508 |
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 | 25.687 % | £13,485 | £65,985 |
3 Month Average | 22.744 % | £11,940 | £64,440 |
6 Month Average | 14.766 % | £7,752 | £60,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £56,240 | £55,000 | 26 LAWSON AVENUE |
21 Sep 2023 | £79,758 | £78,000 | 168 MACAULAY STREET |
31 Aug 2023 | £89,616 | £88,000 | 205 MACAULAY STREET |
4 Aug 2023 | £68,231 | £67,000 | 32 LAWSON AVENUE |
1 Aug 2023 | £84,524 | £83,000 | 5 WELLS STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Mar 2019. Using an estimated price of £64,509 means this house is valued at £1,093 per sq meter (£101 per sq foot).
The average size of a house on LANCASTER AVENUE is 84 sq meters (905 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Lancaster Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Avenue |
May 2024 | Public order | Unable to prosecute suspect | On or near Lancaster Avenue |
Apr 2024 | Criminal damage and arson | Local resolution | On or near Lancaster Avenue |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Lawson Avenue |