£162,094
This estimated value is based upon the latest sale price for the house of £94,950 on 2 Aug 2010. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £94,950 | 2 Aug 2010 |
| £67,000 | 16 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,060 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 August 2010 the House Price Index for NORTH EAST LINCOLNSHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £94,950 results in an estimated price of approximately £162,094.
| 2 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £94,950 | £67,144 | £162,094 |
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 | 2.036 % | £1,933 | £96,883 |
| 3 Month Average | -3.417 % | £-3,244 | £91,705 |
| 6 Month Average | 5.605 % | £5,321 | £100,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £77,378 | £75,000 | 121 COOPER ROAD |
| 11 Sep 2023 | £62,886 | £61,500 | 142 FAIRMONT ROAD |
| 1 Sep 2023 | £75,464 | £73,800 | 83 FAIRMONT ROAD |
| 25 Aug 2023 | £94,199 | £92,500 | 100 FAIRMONT ROAD |
| 20 Jan 2023 | £140,375 | £140,000 | 144 DURBAN ROAD |
This house has a floor area of 98 sq meters or 1,060 sq feet when measured on 23 Jun 2010. Using an estimated price of £162,094 means this house is valued at £1,645 per sq meter (£152 per sq foot).
The average size of a house on FAIRMONT ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Cooper Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooper Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cooper Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooper Road |
| Sep 2024 | Anti-social behaviour | On or near Cooper Road |