£103,742
This estimated value is based upon the latest sale price for the house of £100,000 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 25 Apr 2022 |
| £24,500 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 April 2022 the House Price Index for NORTH EAST LINCOLNSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £100,000 results in an estimated price of approximately £103,742.
| 25 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £100,000 | £3,742 | £103,742 |
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 | 55.537 % | £55,536 | £155,536 |
| 3 Month Average | 4.756 % | £4,755 | £104,755 |
| 6 Month Average | 6.331 % | £6,330 | £106,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £80,836 | £79,000 | 449 WEELSBY STREET |
| 16 Oct 2023 | £86,975 | £85,000 | 86 DURBAN ROAD |
| 30 Mar 2023 | £110,343 | £108,500 | 407 WEELSBY STREET |
| 27 Jan 2023 | £28,075 | £28,000 | 76 DURBAN ROAD |
| 9 Sep 2022 | £56,962 | £57,000 | 45 JULIAN STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 Sep 2021. Using an estimated price of £103,742 means this house is valued at £1,037 per sq meter (£96 per sq foot).
The average size of a house on WEELSBY STREET is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Julian Street |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Julian Street |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Julian Street |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Julian Street |
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Julian Street |