£72,313
This estimated value is based upon the latest sale price for the house of £67,000 on 17 Dec 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 |
---|---|
£67,000 | 17 Dec 2021 |
£56,200 | 31 Jan 2008 |
£37,500 | 18 Nov 2005 |
Terraced |
Leasehold |
Floor Area: 48 sq meters or 516 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 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £67,000 results in an estimated price of approximately £72,313.
17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £67,000 | £5,313 | £72,313 |
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 | 23.554 % | £15,781 | £82,781 |
3 Month Average | 6.078 % | £4,072 | £71,072 |
6 Month Average | 5.378 % | £3,603 | £70,603 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £94,000 | £94,000 | 22 FOUNTAINS AVENUE |
20 Nov 2023 | £121,073 | £118,000 | 522 CROMWELL ROAD |
29 Sep 2023 | £97,141 | £95,000 | 17 BUCKFAST CLOSE |
15 Sep 2023 | £71,578 | £70,000 | 40 BYLAND GROVE |
16 Jun 2023 | £53,574 | £52,500 | 375 CROMWELL ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 30 Oct 2021. Using an estimated price of £72,314 means this house is valued at £1,506 per sq meter (£139 per sq foot).
The average size of a house on WESTERDALE WAY is 83 sq meters (893 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Service Road 22 |
Jul 2024 | Anti-social behaviour | On or near Service Road 22 | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Service Road 22 |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Service Road 22 |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Service Road 22 |