£109,645
This estimated value is based upon the latest sale price for the house of £70,000 on 22 Jun 2007. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 22 Jun 2007 |
| £8,000 | 8 May 1996 |
| 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 June 2007 the House Price Index for NORTH EAST LINCOLNSHIRE was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £70,000 results in an estimated price of approximately £109,645.
| 22 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 146.7 | 56.636 % | £70,000 | £39,645 | £109,645 |
The Postcode Pricing Model uses changes in average sales price within the DN33 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 | 120.279 % | £84,195 | £154,195 |
| 3 Month Average | 43.429 % | £30,400 | £100,400 |
| 6 Month Average | 33.998 % | £23,798 | £93,798 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Dec 2016.
The average size of a house on BURWELL DRIVE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burwell Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burwell Drive |
| Feb 2024 | Public order | Under investigation | On or near Burwell Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Burwell Drive |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Burwell Drive |