£79,595
This estimated value is based upon the latest sale price for the house of £78,000 on 12 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 12 Jun 2023 |
| Terraced |
| Freehold |
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 June 2023 the House Price Index for NORTH EAST LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £78,000 results in an estimated price of approximately £79,595.
| 12 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £78,000 | £1,595 | £79,595 |
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 | -6.792 % | £-5,298 | £72,701 |
| 3 Month Average | -19.203 % | £-14,977 | £63,022 |
| 6 Month Average | -0.133 % | £-103 | £77,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £113,748 | £112,000 | 1 TYLER AVENUE |
| 15 Mar 2024 | £64,999 | £64,000 | 56 SPRING BANK |
| 12 Jun 2023 | £79,595 | £78,000 | 32 DOUGLAS AVENUE |
| 11 Jul 2022 | £80,810 | £80,000 | 83 SPRING BANK |
| 13 May 2022 | £108,835 | £106,000 | 86 SPRING BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tyler Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spring Bank |