£123,671
This estimated value is based upon the latest sale price for the house of £82,000 on 31 Oct 2014. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£82,000 | 31 Oct 2014 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in October 2014 the House Price Index for NORTH LINCOLNSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £82,000 results in an estimated price of approximately £123,671.
31 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £82,000 | £41,671 | £123,671 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 29.520 % | £24,206 | £106,206 |
3 Month Average | 23.765 % | £19,487 | £101,487 |
6 Month Average | 30.163 % | £24,733 | £106,733 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £127,230 | £124,000 | 125 EAST COMMON LANE |
17 Nov 2023 | £153,907 | £150,000 | 162 WARWICK ROAD |
15 Jun 2023 | £142,863 | £140,000 | 125 WARWICK ROAD |
24 Jan 2023 | £113,303 | £113,000 | 206 EAST COMMON LANE |
22 Apr 2022 | £121,378 | £117,000 | 14 ROWMILLS ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Apr 2014. Using an estimated price of £123,671 means this house is valued at £1,236 per sq meter (£114 per sq foot).
The average size of a house on EAST COMMON LANE is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near East Common Lane |
Sep 2024 | Shoplifting | Under investigation | On or near East Common Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Common Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Common Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Common Lane |