£755,843
This estimated value is based upon the latest sale price for the house of £185,000 on 10 Nov 1999. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 10 Nov 1999 |
| £58,000 | 19 Apr 1999 |
| Detached |
| Freehold |
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 November 1999 the House Price Index for NORTH EAST LINCOLNSHIRE was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £185,000 results in an estimated price of approximately £755,843.
| 10 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.6 | 308.564 % | £185,000 | £570,843 | £755,843 |
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 | 148.538 % | £274,795 | £459,795 |
| 3 Month Average | 291.106 % | £538,546 | £723,546 |
| 6 Month Average | 254.357 % | £470,559 | £655,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £224,875 | £222,000 | 19 GREENWAY |
| 1 Sep 2023 | £151,943 | £150,000 | 13 CHEESEMANS CLOSE |
| 28 Jul 2023 | £304,093 | £300,000 | 15 GROVE LANE |
| 28 Apr 2023 | £98,258 | £97,200 | 12 CHEESEMANS CLOSE |
| 24 Feb 2023 | £442,202 | £442,500 | GROVE NURSERIES GROVE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Ings Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Atkinson Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tannery Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tannery Close |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Church Lane |