£114,574
This estimated value is based upon the latest sale price for the house of £70,000 on 27 Nov 2013. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 27 Nov 2013 |
| £70,000 | 27 Nov 2013 |
| Semi-Detached |
| Leasehold |
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 2013 the House Price Index for NORTH EAST LINCOLNSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £70,000 results in an estimated price of approximately £114,574.
| 27 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £70,000 | £44,574 | £114,574 |
The Postcode Pricing Model uses changes in average sales price within the DN34 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 | 34.300 % | £24,010 | £94,010 |
| 3 Month Average | 44.879 % | £31,415 | £101,415 |
| 6 Month Average | 56.685 % | £39,679 | £109,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £102,500 | £102,500 | 13 SHERWOOD ROAD |
| 8 Dec 2023 | £123,804 | £120,000 | 14 MALCOLM ROAD |
| 22 Feb 2023 | £126,847 | £126,000 | 42 MALCOLM ROAD |
| 17 Feb 2023 | £135,908 | £135,000 | 20 SHERWOOD ROAD |
| 26 Aug 2022 | £120,564 | £120,000 | 1 WELBECK PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellbeck Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Welland Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Little Coates Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Little Coates Road |