£167,657
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £125,000 results in an estimated price of approximately £167,657.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £125,000 | £42,657 | £167,657 |
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 | 39.640 % | £49,549 | £174,549 |
| 3 Month Average | 19.948 % | £24,934 | £149,934 |
| 6 Month Average | 18.555 % | £23,193 | £148,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £69,580 | £68,000 | 13 BENNETT ROAD |
| 29 Sep 2023 | £130,374 | £127,500 | 2D REYNOLDS STREET |
| 8 Sep 2023 | £89,984 | £88,000 | 14 BENNETT ROAD |
| 25 Aug 2023 | £162,939 | £160,000 | FLAT 6 CHAPMAN WOODS COURT PELHAM ROAD |
| 1 Aug 2023 | £137,480 | £135,000 | 391 GRIMSBY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 Apr 2016. Using an estimated price of £167,658 means this house is valued at £1,470 per sq meter (£136 per sq foot).
The average size of a house on GRIMSBY ROAD is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crampin Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapman Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapman Road |