£414,673
This estimated value is based upon the latest sale price for the house of £100,000 on 8 Oct 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 |
|---|---|
| £100,000 | 8 Oct 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 October 1999 the House Price Index for NORTH EAST LINCOLNSHIRE was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £100,000 results in an estimated price of approximately £414,673.
| 8 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £100,000 | £314,673 | £414,673 |
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 | 184.967 % | £184,967 | £284,967 |
| 3 Month Average | 319.372 % | £319,372 | £419,372 |
| 6 Month Average | 258.171 % | £258,170 | £358,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £167,938 | £165,000 | 8 CHURCH LANE |
| 5 Dec 2023 | £356,233 | £350,000 | PEAR TREE COTTAGE, 32 SEED CLOSE LANE |
| 22 Sep 2023 | £106,360 | £105,000 | 9 COLLINSON COURT PHILLIPS LANE |
| 22 Sep 2023 | £116,489 | £115,000 | 20 CHURCH LANE |
| 15 Sep 2023 | £121,554 | £120,000 | 2 COLLINSON COURT PHILLIPS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Seedclose Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Field Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |