£109,546
This estimated value is based upon the latest sale price for the house of £55,000 on 11 Jun 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Richard Street
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Price Paid | Date |
---|---|
£55,000 | 11 Jun 2004 |
£23,500 | 21 Nov 1997 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 June 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £55,000 results in an estimated price of approximately £109,546.
11 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 149.7 | 99.175 % | £55,000 | £54,546 | £109,546 |
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 | 67.652 % | £37,208 | £92,208 |
3 Month Average | 69.208 % | £38,064 | £93,064 |
6 Month Average | 58.623 % | £32,242 | £87,242 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £49,006 | £47,500 | 96 LIME STREET |
31 Aug 2023 | £63,139 | £62,000 | 14 RICHARD STREET |
14 Mar 2023 | £61,019 | £60,000 | 1 RICHARD STREET |
7 Mar 2023 | £50,849 | £50,000 | 5 RICHARD STREET |
16 Feb 2023 | £39,262 | £39,000 | 91 LIME STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Jul 2014. Using an estimated price of £109,546 means this house is valued at £1,610 per sq meter (£149 per sq foot).
The average size of a house on LIME STREET is 71 sq meters (770 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Richard Street |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Richard Street |
Jun 2024 | Public order | Under investigation | On or near Richard Street |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richard Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Richard Street |