£58,050
This estimated value is based upon the latest sale price for the house of £45,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Somerton Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £45,000 | 31 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £45,000 results in an estimated price of approximately £58,050.
| 31 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £45,000 | £13,050 | £58,050 |
The Postcode Pricing Model uses changes in average sales price within the DN40 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 | 54.062 % | £24,327 | £69,327 |
| 3 Month Average | 37.249 % | £16,761 | £61,761 |
| 6 Month Average | 35.132 % | £15,809 | £60,809 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Oct 2016.
The average size of a house on INGS LANE is 113 sq meters (1,218 sq feet).
This house is the largest in the street with a floor area of 89 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerton Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Somerton Road |
| Feb 2024 | Public order | Under investigation | On or near Somerton Road |
| Feb 2024 | Drugs | Formal action is not in the public interest | On or near Somerton Road |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Somerton Road |