£1,096,745
This estimated value is based upon the latest sale price for the house of £500,000 on 22 Dec 2003. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£500,000 | 22 Dec 2003 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in December 2003 the House Price Index for NORTH LINCOLNSHIRE was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £500,000 results in an estimated price of approximately £1,096,745.
22 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £500,000 | £596,745 | £1,096,745 |
The Postcode Pricing Model uses changes in average sales price within the DN20 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 | -6.112 % | £-30,561 | £469,438 |
3 Month Average | 68.639 % | £343,195 | £843,195 |
6 Month Average | 79.151 % | £395,753 | £895,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £460,143 | £450,000 | 27 PINGLEY PARK |
22 Jul 2022 | £691,933 | £685,000 | CARR FARMHOUSE CARR ROAD |
14 Apr 2022 | £311,227 | £300,000 | EDLINGTON HOUSE |
5 Apr 2022 | £378,659 | £365,000 | 2 PINGLEY PARK |
18 Mar 2022 | £391,475 | £375,000 | THE CHIMES VICARAGE LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pump Hill |