£81,901
This estimated value is based upon the latest sale price for the house of £67,500 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £67,500 | 6 Mar 2020 |
| £88,000 | 14 Aug 2006 |
| £75,000 | 23 Jul 2004 |
| £32,500 | 28 May 2002 |
| £16,950 | 20 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 March 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £67,500 results in an estimated price of approximately £81,901.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £67,500 | £14,401 | £81,901 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 7.192 % | £4,854 | £72,354 |
| 3 Month Average | 23.490 % | £15,855 | £83,355 |
| 6 Month Average | 14.755 % | £9,959 | £77,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £66,693 | £65,000 | 16 TENNYSON STREET |
| 14 Aug 2023 | £72,304 | £71,000 | 150 ALEXANDRA ROAD |
| 2 Jun 2023 | £53,063 | £52,000 | 24 TENNYSON STREET |
| 15 Mar 2023 | £54,917 | £54,000 | 4 FREDERICK STREET |
| 25 Mar 2022 | £78,295 | £75,000 | 5 FREDERICK STREET |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 28 Jun 2016. Using an estimated price of £81,901 means this house is valued at £650 per sq meter (£60 per sq foot).
The average size of a house on ALEXANDRA ROAD is 96 sq meters (1,037 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Alexandra Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |