£86,298
This estimated value is based upon the latest sale price for the house of £17,500 on 12 Dec 1997. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £17,500 | 12 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 1997 the House Price Index for NORTH EAST LINCOLNSHIRE was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £17,500 results in an estimated price of approximately £86,298.
| 12 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £17,500 | £68,798 | £86,298 |
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 | 290.204 % | £50,785 | £68,285 |
| 3 Month Average | 206.499 % | £36,137 | £53,637 |
| 6 Month Average | 211.775 % | £37,060 | £54,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £109,487 | £107,000 | 9 DAVID STREET |
| 13 Apr 2023 | £77,449 | £76,000 | 287 HENEAGE ROAD |
| 13 Jan 2023 | £33,088 | £33,000 | FLAT 276 HENEAGE ROAD |
| 5 Jan 2023 | £137,868 | £137,500 | 299 HENEAGE ROAD |
| 9 Sep 2022 | £94,937 | £95,000 | 28 DAVID STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Mar 2020. Using an estimated price of £86,298 means this house is valued at £880 per sq meter (£81 per sq foot).
The average size of a house on HENEAGE ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Public order | Unable to prosecute suspect | On or near David Street |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near David Street |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near David Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near David Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near David Street |