£415,374
This estimated value is based upon the latest sale price for the house of £330,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 23 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 234 sq meters or 2,518 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 February 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £330,000 results in an estimated price of approximately £415,374.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £330,000 | £85,374 | £415,374 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 32.221 % | £106,329 | £436,329 |
| 3 Month Average | 19.761 % | £65,210 | £395,210 |
| 6 Month Average | 24.184 % | £79,806 | £409,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £196,023 | £190,000 | 284 GRIMSBY ROAD |
| 17 Nov 2023 | £194,949 | £190,000 | 17 ROBSON ROAD |
| 3 Nov 2023 | £181,610 | £177,000 | 23 ROBSON ROAD |
| 26 Oct 2023 | £69,580 | £68,000 | 13 BENNETT ROAD |
| 8 Sep 2023 | £89,984 | £88,000 | 14 BENNETT ROAD |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 14 Sep 2017. Using an estimated price of £415,374 means this house is valued at £1,775 per sq meter (£164 per sq foot).
The average size of a house on GRIMSBY ROAD is 106 sq meters (1,144 sq feet).
This house is the largest in the street with a floor area of 234 sq meters (2,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapman Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapman Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapman Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crampin Road |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hawthorne Avenue |