£183,176
This estimated value is based upon the latest sale price for the house of £55,475 on 7 Sep 2001. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,475 | 7 Sep 2001 |
| Semi-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 LINCOLNSHIRE to estimate the market value.
When this house was purchased in September 2001 the House Price Index for NORTH LINCOLNSHIRE was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £55,475 results in an estimated price of approximately £183,176.
| 7 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £55,475 | £127,701 | £183,176 |
The Postcode Pricing Model uses changes in average sales price within the DN19 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 | 218.212 % | £121,053 | £176,528 |
| 3 Month Average | 216.669 % | £120,196 | £175,671 |
| 6 Month Average | 195.789 % | £108,613 | £164,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £250,010 | £245,000 | 3 HAWTHORN RISE |
| 5 Jun 2023 | £46,430 | £45,500 | 3 RIBSTONE HOUSE COTTAGES HIGH STREET |
| 2 Jun 2023 | £255,112 | £250,000 | 22 MILLFIELDS WAY |
| 8 Mar 2023 | £56,188 | £55,250 | 1 RIBSTONE HOUSE COTTAGES HIGH STREET |
| 21 Feb 2023 | £57,887 | £57,500 | 1 PAPIST HALL MEWS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Aug 2018. Using an estimated price of £183,177 means this house is valued at £2,206 per sq meter (£205 per sq foot).
The average size of a house on THE SPINNEY is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Millfields Way |
| Oct 2024 | Other theft | Under investigation | On or near High Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |