£61,770
This estimated value is based upon the latest sale price for the house of £50,000 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£50,000 | 18 Oct 2019 |
£79,950 | 23 Nov 2007 |
£68,000 | 22 Jan 2007 |
£54,995 | 12 Mar 2004 |
£23,500 | 31 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 October 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £50,000 results in an estimated price of approximately £61,770.
18 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £50,000 | £11,770 | £61,770 |
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 | 66.722 % | £33,360 | £83,360 |
3 Month Average | 27.352 % | £13,675 | £63,675 |
6 Month Average | 5.094 % | £2,546 | £52,546 |
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 58 sq meters or 624 sq feet when measured on 12 Oct 2018. Using an estimated price of £61,770 means this house is valued at £1,065 per sq meter (£98 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 |