£255,982
This estimated value is based upon the latest sale price for the house of £234,950 on 18 Nov 2021. 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 Timothy Close
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| Price Paid | Date |
|---|---|
| £234,950 | 18 Nov 2021 |
| £197,000 | 7 Dec 2018 |
| £74,000 | 6 Oct 2000 |
| £76,450 | 31 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 November 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £234,950 results in an estimated price of approximately £255,982.
| 18 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £234,950 | £21,032 | £255,982 |
The Postcode Pricing Model uses changes in average sales price within the DN33 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 | 23.166 % | £54,428 | £289,378 |
| 3 Month Average | 7.485 % | £17,585 | £252,535 |
| 6 Month Average | 8.593 % | £20,189 | £255,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £116,953 | £115,000 | 30 BRIAR LANE |
| 16 Jan 2023 | £290,777 | £290,000 | 5 BLUEBELL ROAD |
| 28 Oct 2022 | £114,617 | £115,000 | 11 BRIAR LANE |
| 18 Nov 2021 | £255,983 | £234,950 | 1C BRIAR LANE |
| 9 Nov 2021 | £108,952 | £100,000 | 20 BRIAR LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 Aug 2018. Using an estimated price of £255,983 means this house is valued at £2,509 per sq meter (£233 per sq foot).
The average size of a house on BRIAR LANE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Timothy Close |
| Nov 2024 | Vehicle crime | Under investigation | On or near Trefoil Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellflower Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemallow Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemallow Close |