£426,384
This estimated value is based upon the latest sale price for the house of £350,000 on 21 May 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 |
|---|---|
| £350,000 | 21 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 327 sq meters or 3,519 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 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £350,000 results in an estimated price of approximately £426,384.
| 21 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £350,000 | £76,384 | £426,384 |
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 | 84.033 % | £294,114 | £644,114 |
| 3 Month Average | 20.446 % | £71,561 | £421,561 |
| 6 Month Average | 20.408 % | £71,427 | £421,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £452,446 | £450,000 | 23 WELHOLME ROAD |
| 8 Jul 2022 | £599,190 | £600,000 | 8 PARK DRIVE |
| 24 Jun 2022 | £298,020 | £295,000 | 24 LAMBERT ROAD |
| 10 Jun 2022 | £109,106 | £108,000 | 5 ABBEY PARK MEWS |
| 4 Mar 2022 | £201,255 | £195,000 | 36 LAMBERT ROAD |
This house has a floor area of 327 sq meters or 3,519 sq feet when measured on 19 Jun 2019. Using an estimated price of £426,385 means this house is valued at £1,303 per sq meter (£121 per sq foot).
The average size of a house on WELHOLME ROAD is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Park Drive | |
| Apr 2024 | Anti-social behaviour | On or near Park Drive | |
| Apr 2024 | Anti-social behaviour | On or near Park Drive | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Park Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |