£35,742
This estimated value is based upon the latest sale price for the house of £18,900 on 25 Oct 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£18,900 | 25 Oct 2004 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 October 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 78.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 89.114%.Applying this 89.114% change to the original purchase price of £18,900 results in an estimated price of approximately £35,742.
25 Oct 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.0 | 89.114 % | £18,900 | £16,842 | £35,742 |
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 | 66.563 % | £12,580 | £31,480 |
3 Month Average | 38.657 % | £7,306 | £26,206 |
6 Month Average | 51.708 % | £9,772 | £28,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £38,311 | £38,000 | 38 CASTLE STREET |
28 Apr 2023 | £75,562 | £75,000 | 6 TUNNARD STREET |
24 Mar 2023 | £39,715 | £39,500 | 40 CASTLE STREET |
15 Feb 2023 | £59,718 | £60,000 | 50 CASTLE STREET |
14 Nov 2022 | £61,995 | £63,000 | 268 WEELSBY STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Jun 2016. Using an estimated price of £35,743 means this house is valued at £420 per sq meter (£39 per sq foot).
The average size of a house on HAROLD STREET is 83 sq meters (896 sq feet).