£210,357
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 12 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 December 2014 the House Price Index for NORTH LINCOLNSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £140,000 results in an estimated price of approximately £210,357.
| 12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £140,000 | £70,357 | £210,357 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 54.161 % | £75,825 | £215,825 |
| 3 Month Average | 33.472 % | £46,860 | £186,860 |
| 6 Month Average | 28.466 % | £39,851 | £179,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £177,020 | £173,000 | 7 SUNWAY GROVE |
| 11 Aug 2023 | £135,443 | £133,000 | 14 SUNWAY GROVE |
| 23 Jun 2023 | £332,667 | £326,000 | 61 CHANCEL ROAD |
| 24 Apr 2023 | £183,431 | £180,000 | 69 BIRCHWOOD ROAD |
| 31 Mar 2023 | £172,887 | £170,000 | 45 BIRCHWOOD ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Mar 2015. Using an estimated price of £210,357 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on BIRCHWOOD ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ringwood Close |
| Jul 2024 | Anti-social behaviour | On or near Ringwood Close | |
| Jul 2024 | Anti-social behaviour | On or near Ringwood Close | |
| Jul 2024 | Anti-social behaviour | On or near Ringwood Close | |
| Jul 2024 | Anti-social behaviour | On or near Ringwood Close |