£120,248
This estimated value is based upon the latest sale price for the house of £97,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £97,000 | 9 Aug 2019 |
| £79,000 | 23 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £97,000 results in an estimated price of approximately £120,248.
| 9 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £97,000 | £23,248 | £120,248 |
The Postcode Pricing Model uses changes in average sales price within the DN34 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 | 23.323 % | £22,623 | £119,623 |
| 3 Month Average | 30.946 % | £30,017 | £127,017 |
| 6 Month Average | 38.882 % | £37,715 | £134,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £102,500 | £102,500 | 13 SHERWOOD ROAD |
| 8 Dec 2023 | £123,804 | £120,000 | 14 MALCOLM ROAD |
| 22 Feb 2023 | £126,847 | £126,000 | 42 MALCOLM ROAD |
| 17 Feb 2023 | £135,908 | £135,000 | 20 SHERWOOD ROAD |
| 26 Aug 2022 | £120,564 | £120,000 | 1 WELBECK PLACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 3 Apr 2018. Using an estimated price of £120,248 means this house is valued at £1,821 per sq meter (£169 per sq foot).
The average size of a house on SHERWOOD ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellbeck Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Welland Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Little Coates Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Little Coates Road |