£114,836
This estimated value is based upon the latest sale price for the house of £49,950 on 19 Sep 2003. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,950 | 19 Sep 2003 |
| £33,500 | 30 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2003 the House Price Index for NORTH EAST LINCOLNSHIRE was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £49,950 results in an estimated price of approximately £114,836.
| 19 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £49,950 | £64,886 | £114,836 |
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 | 137.047 % | £68,455 | £118,405 |
| 3 Month Average | 122.538 % | £61,207 | £111,157 |
| 6 Month Average | 109.993 % | £54,941 | £104,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £82,264 | £81,000 | 193 ALEXANDRA ROAD |
| 1 Dec 2023 | £51,585 | £50,000 | 411 VICTORIA COURT VICTORIA STREET |
| 16 Nov 2023 | £59,511 | £58,000 | 54 VICTORIA COURT VICTORIA STREET |
| 8 Nov 2023 | £51,302 | £50,000 | 197 ALEXANDRA ROAD |
| 1 Sep 2023 | £53,683 | £52,500 | 210 VICTORIA COURT VICTORIA STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Apr 2018. Using an estimated price of £114,836 means this house is valued at £1,852 per sq meter (£172 per sq foot).
The average size of a house on VICTORIA STREET is 56 sq meters (609 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Freeport Wharf |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Freeport Wharf |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Freeport Wharf |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Freeport Wharf |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Freeport Wharf |