£110,485
This estimated value is based upon the latest sale price for the house of £88,500 on 10 Jul 2018. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £88,500 | 10 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £88,500 results in an estimated price of approximately £110,485.
| 10 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £88,500 | £21,985 | £110,485 |
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 | 7.092 % | £6,276 | £94,776 |
| 3 Month Average | 24.541 % | £21,719 | £110,219 |
| 6 Month Average | 31.265 % | £27,669 | £116,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £83,727 | £83,000 | 25 GRANGE WALK |
| 25 Apr 2024 | £90,788 | £90,000 | 1 GOSPORT ROAD |
| 8 Apr 2024 | £148,288 | £147,000 | 64 ELM AVENUE |
| 14 Mar 2024 | £157,419 | £155,000 | 76 ELM AVENUE |
| 30 Jun 2023 | £110,209 | £108,000 | 8 GOSPORT ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 17 May 2017. Using an estimated price of £110,486 means this house is valued at £1,381 per sq meter (£128 per sq foot).
The average size of a house on GRANGE WALK is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grange Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Baytree Avenue |
| Oct 2024 | Anti-social behaviour | On or near Baytree Avenue | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baytree Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baytree Avenue |