£199,099
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 25 Nov 2016 |
£153,000 | 3 Apr 2007 |
Detached |
Freehold |
Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in November 2016 the House Price Index for NORTH LINCOLNSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £150,000 results in an estimated price of approximately £199,099.
25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £150,000 | £49,099 | £199,099 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 51.891 % | £77,836 | £227,836 |
3 Month Average | 30.801 % | £46,201 | £196,201 |
6 Month Average | 31.743 % | £47,615 | £197,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £115,000 | £115,000 | 73 VALLEY VIEW DRIVE |
31 Aug 2023 | £173,072 | £169,950 | 17 RIBSTON CLOSE |
6 Jan 2023 | £175,469 | £175,000 | 38 VALLEY VIEW DRIVE |
29 Jun 2022 | £168,604 | £165,000 | 67 VALLEY VIEW DRIVE |
17 Jun 2022 | £163,495 | £160,000 | 3 RIBSTON CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Aug 2016. Using an estimated price of £199,099 means this house is valued at £2,727 per sq meter (£253 per sq foot).
The average size of a house on RIBSTON CLOSE is 85 sq meters (917 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Local resolution | On or near Talisman Drive |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Talisman Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Hales Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambourne Rise |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambourne Rise |