£49,582
This estimated value is based upon the latest sale price for the house of £39,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £39,000 | 20 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £39,000 results in an estimated price of approximately £49,582.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £39,000 | £10,582 | £49,582 |
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 | 36.956 % | £14,412 | £53,412 |
| 3 Month Average | 21.303 % | £8,308 | £47,308 |
| 6 Month Average | 19.443 % | £7,582 | £46,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £138,000 | £138,000 | 21 LAMBERT ROAD |
| 15 Dec 2023 | £118,646 | £115,000 | 71 AINSLIE STREET |
| 1 Sep 2023 | £408,965 | £399,950 | 5 LAMBERT ROAD |
| 3 Aug 2023 | £81,469 | £80,000 | 38 LAMBERT ROAD |
| 30 Mar 2023 | £457,643 | £450,000 | 23 WELHOLME ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 May 2016. Using an estimated price of £49,582 means this house is valued at £740 per sq meter (£68 per sq foot).
The average size of a house on LAMBERT ROAD is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lampton Grove |
| Oct 2024 | Burglary | Under investigation | On or near B1212 |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near B1212 |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near B1212 |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1212 |