£117,513
This estimated value is based upon the latest sale price for the house of £59,000 on 18 Jun 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 18 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 June 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £59,000 results in an estimated price of approximately £117,513.
| 18 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £59,000 | £58,513 | £117,513 |
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 | 66.442 % | £39,201 | £98,201 |
| 3 Month Average | 47.591 % | £28,078 | £87,078 |
| 6 Month Average | 69.744 % | £41,148 | £100,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £70,613 | £70,000 | FLAT 1 WILLINGHAM COURT WILLINGHAM STREET |
| 14 Dec 2023 | £59,323 | £57,500 | 304 WILLINGHAM STREET |
| 14 Nov 2023 | £71,823 | £70,000 | FLAT 5 WILLINGHAM COURT WILLINGHAM STREET |
| 21 Sep 2023 | £98,164 | £96,000 | 28 HARE STREET |
| 2 Jun 2023 | £81,585 | £79,950 | 11 PEAKSFIELD AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 1 Jun 2015. Using an estimated price of £117,513 means this house is valued at £883 per sq meter (£82 per sq foot).
The average size of a house on WELHOLME ROAD is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peaks Parkway |
| Nov 2024 | Anti-social behaviour | On or near Peaks Parkway | |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peaks Parkway |
| Nov 2024 | Vehicle crime | Under investigation | On or near Peaks Parkway |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Peaks Parkway |