£137,112
This estimated value is based upon the latest sale price for the house of £122,000 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,000 | 2 Aug 2021 |
| £118,000 | 31 Oct 2008 |
| £93,000 | 18 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 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 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £122,000 results in an estimated price of approximately £137,112.
| 2 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £122,000 | £15,112 | £137,112 |
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 | 8.778 % | £10,708 | £132,708 |
| 3 Month Average | -10.530 % | £-12,846 | £109,153 |
| 6 Month Average | -3.416 % | £-4,168 | £117,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £106,709 | £104,000 | 12 SAMUEL AVENUE |
| 25 Sep 2023 | £132,930 | £130,000 | 22 COLIN AVENUE |
| 14 Jun 2023 | £125,515 | £123,000 | 4 SAMUEL AVENUE |
| 14 Apr 2023 | £142,668 | £140,000 | 13 RUNSWICK ROAD |
| 17 Mar 2023 | £167,802 | £165,000 | 62 COLIN AVENUE |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 9 Oct 2008. Using an estimated price of £137,113 means this house is valued at £1,609 per sq meter (£149 per sq foot).
The average size of a house on COLIN AVENUE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Awaiting court outcome | On or near Colin Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colin Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Escart Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Escart Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Escart Avenue |