£185,864
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Aug 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 |
|---|---|
| £120,000 | 28 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 899 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 August 2007 the House Price Index for NORTH EAST LINCOLNSHIRE was 94.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.887%.Applying this 54.887% change to the original purchase price of £120,000 results in an estimated price of approximately £185,864.
| 28 Aug 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 146.7 | 54.887 % | £120,000 | £65,864 | £185,864 |
The Postcode Pricing Model uses changes in average sales price within the DN40 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 | 0.468 % | £561 | £120,561 |
| 3 Month Average | 27.663 % | £33,195 | £153,195 |
| 6 Month Average | 35.122 % | £42,146 | £162,146 |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 28 Jan 2011.
The average size of a house on MAGNOLIA RISE is 112 sq meters (1,213 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cushman Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cushman Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jasmine Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jasmine Way |
| Mar 2024 | Other crime | Under investigation | On or near Paddock Court |