£362,033
This estimated value is based upon the latest sale price for the house of £140,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 15 Nov 2002 |
| £64,000 | 28 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2002 the House Price Index for NORTH EAST LINCOLNSHIRE was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £140,000 results in an estimated price of approximately £362,033.
| 15 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £140,000 | £222,033 | £362,033 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 170.784 % | £239,097 | £379,097 |
| 3 Month Average | 173.840 % | £243,376 | £383,376 |
| 6 Month Average | 172.075 % | £240,905 | £380,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £382,000 | £382,000 | 14 BELVOIR ROAD |
| 3 Nov 2023 | £225,730 | £220,000 | 9 COTTESMORE ROAD |
| 5 Sep 2023 | £176,900 | £173,000 | 44 COTTESMORE ROAD |
| 11 Aug 2023 | £269,867 | £265,000 | 12 COTTESMORE ROAD |
| 21 Apr 2023 | £268,013 | £263,000 | 7 CATTISTOCK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 May 2014. Using an estimated price of £362,033 means this house is valued at £4,361 per sq meter (£405 per sq foot).
The average size of a house on COTTESMORE ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Larch Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A1098 |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near A1098 |