£168,263
This estimated value is based upon the latest sale price for the house of £155,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 30 Sep 2021 |
| £118,000 | 4 Dec 2015 |
| £92,000 | 8 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £155,000 results in an estimated price of approximately £168,263.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £155,000 | £13,263 | £168,263 |
The Postcode Pricing Model uses changes in average sales price within the DN40 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 | -14.739 % | £-22,846 | £132,153 |
| 3 Month Average | 5.009 % | £7,764 | £162,764 |
| 6 Month Average | 1.382 % | £2,141 | £157,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £157,368 | £154,950 | 85A MARGARET STREET |
| 7 Dec 2023 | £216,657 | £210,000 | 9 SHETLAND WAY |
| 12 Jan 2023 | £150,402 | £150,000 | 14 PILGRIM AVENUE |
| 11 Nov 2022 | £119,441 | £120,000 | 55 JERSEY PLACE |
| 18 May 2022 | £164,228 | £159,950 | 8 MULL WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 28 Jun 2021. Using an estimated price of £168,263 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on SHETLAND WAY is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Orkney Place | |
| Aug 2024 | Anti-social behaviour | On or near Orkney Place | |
| Aug 2024 | Anti-social behaviour | On or near Orkney Place | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Orkney Place |
| Jul 2024 | Anti-social behaviour | On or near Orkney Place |