£49,653
This estimated value is based upon the latest sale price for the house of £26,000 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£26,000 | 3 Sep 2004 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 833 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 September 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £26,000 results in an estimated price of approximately £49,653.
3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £26,000 | £23,653 | £49,653 |
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 | -30.050 % | £-7,813 | £18,186 |
3 Month Average | 22.830 % | £5,935 | £31,935 |
6 Month Average | 30.153 % | £7,839 | £33,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £40,707 | £39,995 | 5 BEESON STREET |
14 Dec 2023 | £30,534 | £30,000 | 229 CORPORATION ROAD |
17 Nov 2023 | £73,589 | £72,500 | 1 SANDFORD STREET |
9 Nov 2023 | £40,600 | £39,999 | 5 DUNMOW STREET |
18 Aug 2023 | £42,371 | £42,000 | 260 CORPORATION ROAD |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 24 Jan 2012. Using an estimated price of £49,653 means this house is valued at £641 per sq meter (£59 per sq foot).
There is one other house on the street which we know the size of, this is 1 PYEWIPE ROAD it is 93.78
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Pyewipe Road |
Mar 2024 | Other theft | Awaiting court outcome | On or near Pyewipe Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pyewipe Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Street |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Sandford Street |