£55,705
This estimated value is based upon the latest sale price for the house of £32,000 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £32,000 | 29 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 July 2011 the House Price Index for NORTH EAST LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £32,000 results in an estimated price of approximately £55,705.
| 29 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £32,000 | £23,705 | £55,705 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 55.519 % | £17,766 | £49,766 |
| 3 Month Average | 39.521 % | £12,646 | £44,646 |
| 6 Month Average | 36.072 % | £11,543 | £43,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £45,956 | £45,250 | 136 ELSENHAM ROAD |
| 19 Dec 2023 | £45,395 | £44,000 | 95 GILBEY ROAD |
| 12 Dec 2023 | £51,585 | £50,000 | 126 ELSENHAM ROAD |
| 14 Nov 2023 | £33,346 | £32,500 | 116 GILBEY ROAD |
| 21 Jun 2023 | £63,268 | £62,000 | 97 GILBEY ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Jul 2014. Using an estimated price of £55,705 means this house is valued at £857 per sq meter (£79 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Clayden Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Clayden Street |
| Oct 2024 | Drugs | Under investigation | On or near Stansted Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stansted Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stansted Street |