£109,793
This estimated value is based upon the latest sale price for the house of £65,000 on 13 Oct 2006. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 13 Oct 2006 |
| £30,500 | 8 Nov 2000 |
| £19,950 | 1 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2006 the House Price Index for NORTH EAST LINCOLNSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £65,000 results in an estimated price of approximately £109,793.
| 13 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £65,000 | £44,793 | £109,793 |
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 | 25.620 % | £16,653 | £81,653 |
| 3 Month Average | 7.868 % | £5,114 | £70,114 |
| 6 Month Average | 19.174 % | £12,463 | £77,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £93,698 | £92,500 | 217 WELLINGTON STREET |
| 31 Jul 2023 | £76,023 | £75,000 | 281 WEELSBY STREET |
| 31 Jul 2023 | £75,010 | £74,000 | 307 WEELSBY STREET |
| 23 Jun 2023 | £50,613 | £50,000 | 63 ROBERTS STREET |
| 28 Apr 2023 | £37,908 | £37,500 | 39 ROBERTS STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Jan 2014. Using an estimated price of £109,793 means this house is valued at £989 per sq meter (£91 per sq foot).
The average size of a house on WELLINGTON STREET is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Conference/Exhibition Centre |
| Mar 2024 | Other theft | Under investigation | On or near Conference/Exhibition Centre |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Conference/Exhibition Centre |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Conference/Exhibition Centre |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Conference/Exhibition Centre |