£284,480
This estimated value is based upon the latest sale price for the house of £224,000 on 30 Nov 2017. 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 Abbey Park Road
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| Price Paid | Date |
|---|---|
| £224,000 | 30 Nov 2017 |
| £190,000 | 17 Dec 2004 |
| £115,000 | 2 Aug 2001 |
| £93,000 | 2 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 268 sq meters or 2,884 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 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 £224,000 results in an estimated price of approximately £284,480.
| 30 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £224,000 | £60,480 | £284,480 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | -0.998 % | £-2,234 | £221,765 |
| 3 Month Average | 11.634 % | £26,061 | £250,061 |
| 6 Month Average | 13.327 % | £29,852 | £253,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2022 | £294,803 | £295,000 | 21 ABBEY DRIVE WEST |
| 10 Jun 2022 | £110,359 | £108,000 | 5 ABBEY PARK MEWS |
| 20 Apr 2022 | £165,988 | £160,000 | FLAT 7 24 ABBEY ROAD |
| 20 Apr 2022 | £71,323 | £68,750 | FLAT 6 24 ABBEY ROAD |
| 20 Apr 2022 | £129,678 | £125,000 | FLAT 9 24 ABBEY ROAD |
This house has a floor area of 268 sq meters or 2,884 sq feet when measured on 26 Aug 2016. Using an estimated price of £284,480 means this house is valued at £1,061 per sq meter (£98 per sq foot).
The average size of a house on ABBEY PARK ROAD is 217 sq meters (2,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbey Park Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Abbey Park Road |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Abbey Park Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Abbey Park Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Park Road |