£185,670
This estimated value is based upon the latest sale price for the house of £138,000 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 16 Jun 2016 |
| £134,000 | 8 May 2015 |
| £159,950 | 7 Apr 2006 |
| Detached |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in June 2016 the House Price Index for NORTH LINCOLNSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £138,000 results in an estimated price of approximately £185,670.
| 16 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £138,000 | £47,670 | £185,670 |
The Postcode Pricing Model uses changes in average sales price within the DN17 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 | 49.836 % | £68,773 | £206,773 |
| 3 Month Average | 51.504 % | £71,075 | £209,075 |
| 6 Month Average | 47.050 % | £64,928 | £202,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £179,559 | £178,000 | 34 OLD SCHOOL LANE |
| 21 Dec 2023 | £263,084 | £255,000 | 14 OLD SCHOOL LANE |
| 20 Oct 2023 | £228,694 | £223,500 | 38 OLD SCHOOL LANE |
| 25 Aug 2023 | £203,673 | £200,000 | 6 OLD SCHOOL LANE |
| 23 Jun 2023 | £118,280 | £115,910 | 54 OLD SCHOOL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Old School Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Old School Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Lane |