£69,094
This estimated value is based upon the latest sale price for the house of £67,710 on 28 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 |
|---|---|
| £67,710 | 28 Jun 2023 |
| £59,950 | 8 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 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 £67,710 results in an estimated price of approximately £69,094.
| 28 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £67,710 | £1,384 | £69,094 |
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 | -59.429 % | £-40,239 | £27,470 |
| 3 Month Average | -0.167 % | £-113 | £67,596 |
| 6 Month Average | 9.816 % | £6,646 | £74,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £64,000 | £64,000 | 374 WELLINGTON STREET |
| 13 May 2024 | £110,000 | £110,000 | 197 ROBERTS STREET |
| 28 Mar 2024 | £70,077 | £69,000 | 102 CASTLE STREET |
| 1 Mar 2024 | £85,311 | £84,000 | 413 WELLINGTON STREET |
| 17 Aug 2023 | £76,378 | £75,000 | 403 WELLINGTON STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 20 Jul 2015. Using an estimated price of £69,095 means this house is valued at £590 per sq meter (£54 per sq foot).
The average size of a house on WELLINGTON STREET is 105 sq meters (1,132 sq feet).