£83,568
This estimated value is based upon the latest sale price for the house of £64,000 on 7 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £64,000 | 7 Mar 2017 |
| £46,500 | 17 Apr 2015 |
| £30,500 | 3 Mar 2015 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 March 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £64,000 results in an estimated price of approximately £83,568.
| 7 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £64,000 | £19,568 | £83,568 |
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 | 24.716 % | £15,818 | £79,818 |
| 3 Month Average | 20.702 % | £13,249 | £77,249 |
| 6 Month Average | 23.046 % | £14,749 | £78,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £113,748 | £112,000 | 1 TYLER AVENUE |
| 12 Jun 2023 | £79,595 | £78,000 | 32 DOUGLAS AVENUE |
| 24 Mar 2023 | £87,461 | £86,000 | 43 ROSEVEARE AVENUE |
| 30 Mar 2022 | £122,140 | £117,000 | 8 ST FRANCIS AVENUE |
| 28 Mar 2022 | £86,646 | £83,000 | 283 CROMWELL ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Oct 2021. Using an estimated price of £83,568 means this house is valued at £1,019 per sq meter (£94 per sq foot).
The average size of a house on CROMWELL ROAD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near St Leonard'S Avenue | |
| Sep 2024 | Anti-social behaviour | On or near St Leonard'S Avenue | |
| Sep 2024 | Anti-social behaviour | On or near St Leonard'S Avenue | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Leonard'S Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Francis Avenue |