£89,061
This estimated value is based upon the latest sale price for the house of £53,000 on 27 Jul 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 |
|---|---|
| £53,000 | 27 Jul 2012 |
| £65,000 | 14 Nov 2007 |
| £59,950 | 15 Dec 2006 |
| £45,000 | 7 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,051 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 July 2012 the House Price Index for NORTH EAST LINCOLNSHIRE was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.041%.Applying this 68.041% change to the original purchase price of £53,000 results in an estimated price of approximately £89,061.
| 27 Jul 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.041 % | £53,000 | £36,061 | £89,061 |
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 | 100.975 % | £53,516 | £106,516 |
| 3 Month Average | 27.791 % | £14,729 | £67,729 |
| 6 Month Average | 23.938 % | £12,686 | £65,686 |
This house has a floor area of 97 sq meters or 1,051 sq feet when measured on 4 Dec 2009.
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 |