£234,848
This estimated value is based upon the latest sale price for the house of £190,000 on 3 Sep 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£190,000 | 3 Sep 2019 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 September 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £190,000 results in an estimated price of approximately £234,848.
3 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £190,000 | £44,848 | £234,848 |
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 | 12.990 % | £24,680 | £214,680 |
3 Month Average | 5.671 % | £10,774 | £200,774 |
6 Month Average | 9.321 % | £17,709 | £207,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £211,499 | £205,000 | 35 BEDFORD ROAD |
24 Nov 2023 | £225,730 | £220,000 | 33 CUMBERLAND ROAD |
31 Oct 2023 | £345,343 | £337,500 | 58 BERKELEY ROAD |
18 Aug 2022 | £231,081 | £230,000 | 16 SEAFORD ROAD |
1 Jul 2022 | £297,986 | £295,000 | 6 KINGSTON CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Jun 2019. Using an estimated price of £234,849 means this house is valued at £2,609 per sq meter (£242 per sq foot).
The average size of a house on BEDFORD ROAD is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bedford Road |
Sep 2024 | Burglary | Under investigation | On or near Grosvenor Court |
Aug 2024 | Anti-social behaviour | On or near Russell Court | |
Aug 2024 | Anti-social behaviour | On or near Russell Court | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Court |