£304,800
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 10 Nov 2017 |
| Detached |
| 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 November 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £240,000 results in an estimated price of approximately £304,800.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £240,000 | £64,800 | £304,800 |
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 | 58.634 % | £140,720 | £380,720 |
| 3 Month Average | 30.997 % | £74,393 | £314,393 |
| 6 Month Average | 30.175 % | £72,419 | £312,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £60,000 | £60,000 | 78 FREESTON STREET |
| 17 Nov 2023 | £156,215 | £152,250 | 1 BUTLER PLACE |
| 17 Nov 2023 | £184,688 | £180,000 | 8 BUTLER PLACE |
| 16 Nov 2023 | £84,136 | £82,000 | 191 BARCROFT STREET |
| 11 Sep 2023 | £94,074 | £92,000 | 136 BARCROFT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Colson Place | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Colson Place |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colson Place |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Colson Place |
| Aug 2024 | Drugs | Local resolution | On or near Colson Place |