£61,568
This estimated value is based upon the latest sale price for the house of £50,000 on 31 May 2018. 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 Phelps Street
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| Price Paid | Date |
|---|---|
| £50,000 | 31 May 2018 |
| £36,000 | 9 Nov 2015 |
| £55,000 | 8 Nov 2005 |
| £41,000 | 27 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £50,000 results in an estimated price of approximately £61,568.
| 31 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £50,000 | £11,568 | £61,568 |
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 | 13.980 % | £6,989 | £56,989 |
| 3 Month Average | 12.340 % | £6,169 | £56,169 |
| 6 Month Average | 19.370 % | £9,684 | £59,684 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Nov 2018.
The average size of a house on PHELPS STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Phelps Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phelps Street |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Phelps Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Phelps Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Phelps Street |