£308,354
This estimated value is based upon the latest sale price for the house of £245,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 21 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 July 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £245,000 results in an estimated price of approximately £308,354.
| 21 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £245,000 | £63,354 | £308,354 |
The Postcode Pricing Model uses changes in average sales price within the DN33 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 | 101.032 % | £247,527 | £492,527 |
| 3 Month Average | 22.986 % | £56,314 | £301,314 |
| 6 Month Average | 12.726 % | £31,179 | £276,179 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 2 Jul 2015.
The average size of a house on FERRIBY LANE is 185 sq meters (2,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crake Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kings Park Road |
| Mar 2024 | Public order | Under investigation | On or near Pelham Place |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pelham Place |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Pelham Place |