£91,385
This estimated value is based upon the latest sale price for the house of £74,995 on 21 Feb 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 |
|---|---|
| £74,995 | 21 Feb 2020 |
| £50,000 | 14 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £74,995 results in an estimated price of approximately £91,385.
| 21 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £74,995 | £16,390 | £91,385 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | 74.586 % | £55,935 | £130,930 |
| 3 Month Average | 5.870 % | £4,402 | £79,397 |
| 6 Month Average | 17.029 % | £12,770 | £87,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £96,235 | £95,000 | 4 MILLOM WAY |
| 13 Nov 2023 | £50,600 | £49,950 | 54 GUILDFORD STREET |
| 2 Jun 2023 | £35,286 | £35,000 | FLAT 2 HOPE HOUSE HOPE STREET |
| 26 Apr 2023 | £85,636 | £85,000 | 112 VICTOR STREET |
| 10 Mar 2023 | £60,326 | £60,000 | J S MOTORS HOPE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Aug 2019. Using an estimated price of £91,385 means this house is valued at £1,156 per sq meter (£107 per sq foot).
The average size of a house on VICTOR STREET is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Janney Court |
| Apr 2024 | Vehicle crime | Under investigation | On or near George Janney Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near George Janney Court |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near George Janney Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near George Janney Court |