£93,877
This estimated value is based upon the latest sale price for the house of £54,000 on 5 May 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 |
---|---|
£54,000 | 5 May 2006 |
£30,000 | 12 Nov 1999 |
£10,500 | 6 Jul 1998 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2006 the House Price Index for NORTH EAST LINCOLNSHIRE was 85.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 73.847%.Applying this 73.847% change to the original purchase price of £54,000 results in an estimated price of approximately £93,877.
5 May 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.0 | 73.847 % | £54,000 | £39,877 | £93,877 |
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 | 40.618 % | £21,933 | £75,933 |
3 Month Average | 15.284 % | £8,253 | £62,253 |
6 Month Average | 26.875 % | £14,512 | £68,512 |
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 88 sq meters or 947 sq feet when measured on 26 May 2016. Using an estimated price of £93,877 means this house is valued at £1,066 per sq meter (£99 per sq foot).
The average size of a house on HAROLD STREET is 83 sq meters (896 sq feet).