£175,303
This estimated value is based upon the latest sale price for the house of £172,000 on 18 May 2022. 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 Cromer Avenue
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| Price Paid | Date |
|---|---|
| £172,000 | 18 May 2022 |
| £42,000 | 17 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2022 the House Price Index for NORTH EAST LINCOLNSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £172,000 results in an estimated price of approximately £175,303.
| 18 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £172,000 | £3,303 | £175,303 |
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 | 1.388 % | £2,387 | £174,387 |
| 3 Month Average | -0.187 % | £-321 | £171,678 |
| 6 Month Average | -11.687 % | £-20,100 | £151,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £86,514 | £85,000 | 64 CAMBRIDGE ROAD |
| 15 Sep 2023 | £106,360 | £105,000 | 87 WORCESTER AVENUE |
| 3 Aug 2023 | £95,838 | £95,000 | 124 CARNFORTH CRESCENT |
| 15 Aug 2022 | £159,570 | £160,000 | 69 WESTHILL ROAD |
| 10 Jun 2022 | £90,276 | £89,000 | 31 CAMBRIDGE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 29 Nov 2021. Using an estimated price of £175,303 means this house is valued at £1,969 per sq meter (£182 per sq foot).
The average size of a house on COVENTRY AVENUE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Cromer Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromer Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromer Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kelstern Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kelstern Court |