£472,450
This estimated value is based upon the latest sale price for the house of £275,000 on 11 May 2012. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 11 May 2012 |
| £59,950 | 27 Sep 2004 |
| £40,000 | 10 Jun 1998 |
| £20,000 | 29 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 245 sq meters or 2,642 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 May 2012 the House Price Index for NORTH EAST LINCOLNSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £275,000 results in an estimated price of approximately £472,450.
| 11 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £275,000 | £197,450 | £472,450 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 24.348 % | £66,956 | £341,956 |
| 3 Month Average | 30.535 % | £83,970 | £358,970 |
| 6 Month Average | 31.374 % | £86,277 | £361,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £188,902 | £186,000 | 64 MILL ROAD |
| 1 Mar 2024 | £337,180 | £332,000 | 135 MILL ROAD |
| 15 Nov 2023 | £102,605 | £100,000 | 5 THE MOUNT |
| 19 Sep 2023 | £104,810 | £102,500 | 5 THE ROOKERY MILL ROAD |
| 30 Jun 2023 | £142,863 | £140,000 | 3 THE MOUNT |
This house has a floor area of 245 sq meters or 2,642 sq feet when measured on 15 Jul 2010. Using an estimated price of £472,450 means this house is valued at £1,924 per sq meter (£178 per sq foot).
The average size of a house on MILL ROAD is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Street |