£109,558
This estimated value is based upon the latest sale price for the house of £69,950 on 3 Oct 2007. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Millom Way
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| Price Paid | Date |
|---|---|
| £69,950 | 3 Oct 2007 |
| £56,000 | 29 Nov 2004 |
| £40,000 | 14 Oct 2003 |
| £25,000 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 739 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 October 2007 the House Price Index for NORTH EAST LINCOLNSHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £69,950 results in an estimated price of approximately £109,558.
| 3 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £69,950 | £39,608 | £109,558 |
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 | -32.016 % | £-22,394 | £47,555 |
| 3 Month Average | 4.168 % | £2,915 | £72,865 |
| 6 Month Average | 0.587 % | £410 | £70,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £97,474 | £95,000 | 4 MILLOM WAY |
| 13 Nov 2023 | £51,251 | £49,950 | 54 GUILDFORD STREET |
| 2 Jun 2023 | £35,716 | £35,000 | FLAT 2 HOPE HOUSE HOPE STREET |
| 26 Apr 2023 | £86,620 | £85,000 | 112 VICTOR STREET |
| 10 Mar 2023 | £61,019 | £60,000 | J S MOTORS HOPE STREET |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 23 Mar 2012. Using an estimated price of £109,559 means this house is valued at £1,593 per sq meter (£148 per sq foot).
The average size of a house on VICTOR STREET is 106 sq meters (1,147 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Millom Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Millom Way |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millom Way |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Millom Way |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Millom Way |