£83,988
This estimated value is based upon the latest sale price for the house of £79,500 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £79,500 | 4 Feb 2022 |
| £47,500 | 27 Jun 2014 |
| £72,000 | 3 May 2011 |
| £33,000 | 31 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2022 the House Price Index for NORTH EAST LINCOLNSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £79,500 results in an estimated price of approximately £83,988.
| 4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £79,500 | £4,488 | £83,988 |
The Postcode Pricing Model uses changes in average sales price within the DN33 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 | 2.388 % | £1,898 | £81,398 |
| 3 Month Average | -5.000 % | £-3,975 | £75,524 |
| 6 Month Average | -6.236 % | £-4,957 | £74,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2024 | £140,000 | £140,000 | 21 BARRY AVENUE |
| 1 Mar 2024 | £75,155 | £74,000 | 24 BREMERHAVEN WAY |
| 30 Nov 2023 | £85,675 | £83,500 | 14 BEECHWOOD AVENUE |
| 27 Nov 2023 | £87,214 | £85,000 | 14 DALE VIEW |
| 29 Sep 2023 | £158,494 | £155,000 | 43 BARRY AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Nov 2021. Using an estimated price of £83,988 means this house is valued at £954 per sq meter (£88 per sq foot).
The average size of a house on BREMERHAVEN WAY is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bremerhaven Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bremerhaven Way |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Bremerhaven Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bremerhaven Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder View |