£299,000
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Apr 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 9 Apr 2019 |
| £260,000 | 27 Nov 2002 |
| Freehold |
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 April 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £240,000 results in an estimated price of approximately £299,000.
| 9 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £240,000 | £59,000 | £299,000 |
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 | 21.918 % | £52,604 | £292,604 |
| 3 Month Average | 7.328 % | £17,586 | £257,586 |
| 6 Month Average | 17.764 % | £42,633 | £282,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £245,225 | £239,000 | 195 CARR LANE |
| 2 Nov 2023 | £186,740 | £182,000 | 6 PHELPS PLACE |
| 22 Sep 2023 | £260,748 | £255,000 | 11 CHURCH LANE |
| 10 Feb 2023 | £395,643 | £393,000 | 8 CHURCH LANE |
| 9 Mar 2022 | £104,393 | £100,000 | 167 CARR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phelps Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phelps Place |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Phelps Place |