£73,221
This estimated value is based upon the latest sale price for the house of £58,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £58,000 | 23 Mar 2018 |
| £68,000 | 15 May 2007 |
| £40,000 | 25 Jul 2003 |
| £29,950 | 23 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £58,000 results in an estimated price of approximately £73,221.
| 23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £58,000 | £15,221 | £73,221 |
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 | 71.107 % | £41,241 | £99,241 |
| 3 Month Average | 16.688 % | £9,679 | £67,679 |
| 6 Month Average | 12.151 % | £7,047 | £65,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2024 | £72,000 | £72,000 | 204 DURBAN ROAD |
| 13 Jun 2022 | £133,861 | £131,000 | 144 COOPER ROAD |
| 30 May 2022 | £133,477 | £130,000 | 171 COOPER ROAD |
| 21 Mar 2022 | £97,608 | £93,500 | 426 WELLINGTON STREET |
| 4 Mar 2022 | £161,810 | £155,000 | 170 COOPER ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Jun 2014. Using an estimated price of £73,222 means this house is valued at £915 per sq meter (£85 per sq foot).
The average size of a house on DURBAN ROAD is 97 sq meters (1,044 sq feet).