£67,002
This estimated value is based upon the latest sale price for the house of £39,000 on 8 May 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 |
|---|---|
| £39,000 | 8 May 2012 |
| £63,000 | 15 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 May 2012 the House Price Index for NORTH EAST LINCOLNSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £39,000 results in an estimated price of approximately £67,002.
| 8 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £39,000 | £28,002 | £67,002 |
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 | 47.352 % | £18,467 | £57,467 |
| 3 Month Average | 34.013 % | £13,264 | £52,264 |
| 6 Month Average | 42.187 % | £16,452 | £55,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £88,598 | £87,000 | 60 HARE STREET |
| 28 Apr 2023 | £58,596 | £57,500 | 187 WELHOLME ROAD |
| 7 Mar 2023 | £147,463 | £145,000 | 53 HARE STREET |
| 24 Feb 2023 | £71,477 | £71,000 | 192 WELHOLME ROAD |
| 4 Nov 2022 | £89,581 | £90,000 | 28 GRANVILLE STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 11 Feb 2012. Using an estimated price of £67,002 means this house is valued at £1,808 per sq meter (£168 per sq foot).
The average size of a house on INTAX FARM MEWS is 54 sq meters (590 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hare Street |
| Nov 2024 | Other theft | Further investigation is not in the public interest | On or near Hare Street |
| Nov 2024 | Shoplifting | Under investigation | On or near Hare Street |
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hare Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Hare Street |