£1,556,551
This estimated value is based upon the latest sale price for the house of £1,516,000 on 5 May 2022. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
There has been one burglary within the last year on or near Market Lane
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| Price Paid | Date |
|---|---|
| £1,516,000 | 5 May 2022 |
| £1,250,000 | 31 Jul 2020 |
| £63,615 | 21 Jun 2016 |
| Freehold |
| Floor Area: 28 sq meters or 301 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 May 2022 the House Price Index for NORTH LINCOLNSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £1,516,000 results in an estimated price of approximately £1,556,551.
| 5 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £1,516,000 | £40,551 | £1,556,551 |
The Postcode Pricing Model uses changes in average sales price within the DN18 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 | 56.238 % | £852,567 | £2,368,567 |
| 3 Month Average | 21.896 % | £331,948 | £1,847,948 |
| 6 Month Average | 14.108 % | £213,878 | £1,729,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £274,467 | £267,500 | 7 WHITECROSS STREET |
| 7 Nov 2023 | £241,121 | £235,000 | 11 MARKET PLACE |
| 29 Sep 2023 | £153,381 | £150,000 | 10 MARKET PLACE |
| 22 Jun 2023 | £66,329 | £65,000 | 21 WHITECROSS STREET |
| 21 Apr 2023 | £254,561 | £249,800 | 16 CASTLEDYKE SOUTH |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 3 Dec 2012. Using an estimated price of £1,556,551 means this house is valued at £55,591 per sq meter (£5,164 per sq foot).
There is one other house on the street which we know the size of, this is 9A MARKET LANE it is 102.37
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Market Lane |
| Oct 2024 | Burglary | Under investigation | On or near Market Lane |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Market Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Market Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Market Lane |