£112,920
This estimated value is based upon the latest sale price for the house of £66,000 on 3 Jun 2011. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £66,000 | 3 Jun 2011 |
| £68,500 | 23 Dec 2008 |
| £69,000 | 11 Aug 2004 |
| £32,500 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 945 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 2011 the House Price Index for NORTH EAST LINCOLNSHIRE was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £66,000 results in an estimated price of approximately £112,920.
| 3 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £66,000 | £46,920 | £112,920 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 51.682 % | £34,109 | £100,109 |
| 3 Month Average | 28.865 % | £19,050 | £85,050 |
| 6 Month Average | 27.184 % | £17,941 | £83,941 |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 27 Feb 2010.
The average size of a house on LANCASTER AVENUE is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Lancaster Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lancaster Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Avenue |
| Mar 2024 | Drugs | Offender given a caution | On or near Lawson Avenue |