£40,180
This estimated value is based upon the latest sale price for the house of £34,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £34,000 | 2 Oct 2020 |
| £24,000 | 28 Aug 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £34,000 results in an estimated price of approximately £40,180.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £34,000 | £6,180 | £40,180 |
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 | 35.970 % | £12,229 | £46,229 |
| 3 Month Average | 18.373 % | £6,246 | £40,246 |
| 6 Month Average | 16.535 % | £5,621 | £39,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £56,874 | £56,000 | 53 MACAULAY STREET |
| 5 Mar 2024 | £32,499 | £32,000 | FLAT 1 9 THORGAM COURT |
| 20 Dec 2023 | £36,110 | £35,000 | FLAT 1 3 THORGAM COURT |
| 15 Dec 2023 | £54,680 | £53,000 | 11 HAYCROFT AVENUE |
| 9 Nov 2023 | £87,214 | £85,000 | 57 MACAULAY STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Jun 2020. Using an estimated price of £40,180 means this house is valued at £803 per sq meter (£74 per sq foot).
The average size of a house on THORGAM COURT is 47 sq meters (506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Harrison Street | |
| Aug 2024 | Anti-social behaviour | On or near Harrison Street | |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Harrison Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bramble Close |
| Sep 2024 | Possession of weapons | Under investigation | On or near Bramble Close |