£279,238
This estimated value is based upon the latest sale price for the house of £250,300 on 4 Aug 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 |
|---|---|
| £250,300 | 4 Aug 2021 |
| £170,000 | 2 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £250,300 results in an estimated price of approximately £279,238.
| 4 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £250,300 | £28,938 | £279,238 |
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 | -9.205 % | £-23,040 | £227,259 |
| 3 Month Average | 18.326 % | £45,869 | £296,169 |
| 6 Month Average | 8.079 % | £20,221 | £270,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £151,943 | £150,000 | 2B ST HELENS CRESCENT |
| 25 Aug 2023 | £1,445,143 | £1,432,500 | MOORHOUSE BRIGSLEY ROAD |
| 2 Jun 2023 | £642,786 | £635,000 | THE IVY CHURCH LANE |
| 7 Feb 2023 | £392,236 | £392,500 | EDALE BRIGSLEY ROAD |
| 2 Sep 2022 | £610,073 | £615,000 | THE POST HOUSE MAIN ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 May 2021. Using an estimated price of £279,239 means this house is valued at £3,878 per sq meter (£360 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waithe Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashby Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashby Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashby Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashby Lane |