£195,955
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Dec 2012. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 19 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 December 2012 the House Price Index for NORTH EAST LINCOLNSHIRE was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £115,000 results in an estimated price of approximately £195,955.
| 19 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £115,000 | £80,955 | £195,955 |
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 | 43.332 % | £49,831 | £164,831 |
| 3 Month Average | 19.964 % | £22,958 | £137,958 |
| 6 Month Average | 25.829 % | £29,703 | £144,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £180,584 | £176,000 | 17 HAWKINS GROVE |
| 22 Sep 2023 | £260,748 | £255,000 | 11 CHURCH LANE |
| 19 Apr 2023 | £178,336 | £175,000 | 11 ROSINA GROVE SOUTH |
| 23 Mar 2023 | £71,189 | £70,000 | 1 LICHFIELD ROAD |
| 17 Mar 2023 | £160,683 | £158,000 | 15 ROSINA GROVE SOUTH |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 May 2012. Using an estimated price of £195,955 means this house is valued at £2,839 per sq meter (£263 per sq foot).
The average size of a house on DRAKE AVENUE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Drake Avenue |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Howard Grove |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Rosina Grove South |