£91,940
This estimated value is based upon the latest sale price for the house of £28,500 on 7 Nov 2001. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Service Road 9
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| Price Paid | Date |
|---|---|
| £28,500 | 7 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2001 the House Price Index for NORTH EAST LINCOLNSHIRE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £28,500 results in an estimated price of approximately £91,940.
| 7 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £28,500 | £63,440 | £91,940 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | 294.914 % | £84,050 | £112,550 |
| 3 Month Average | 240.574 % | £68,563 | £97,063 |
| 6 Month Average | 218.676 % | £62,322 | £90,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £94,000 | £94,000 | 22 FOUNTAINS AVENUE |
| 20 Nov 2023 | £121,073 | £118,000 | 522 CROMWELL ROAD |
| 6 Nov 2023 | £94,396 | £92,000 | 38 TINTERN WALK |
| 3 Nov 2023 | £92,344 | £90,000 | 20 TINTERN WALK |
| 29 Sep 2023 | £97,141 | £95,000 | 17 BUCKFAST CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Aug 2015. Using an estimated price of £91,941 means this house is valued at £1,313 per sq meter (£122 per sq foot).
The average size of a house on FOUNTAINS AVENUE is 91 sq meters (989 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Service Road 9 |
| Sep 2024 | Anti-social behaviour | On or near Service Road 9 | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Service Road 9 |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Service Road 9 |
| Sep 2024 | Anti-social behaviour | On or near Service Road 9 |