£76,942
This estimated value is based upon the latest sale price for the house of £65,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 7 Aug 2020 |
| £64,720 | 21 Dec 2006 |
| £40,000 | 28 May 2004 |
| £25,000 | 5 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £65,000 results in an estimated price of approximately £76,942.
| 7 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £65,000 | £11,942 | £76,942 |
The Postcode Pricing Model uses changes in average sales price within the DN33 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 | 70.560 % | £45,863 | £110,863 |
| 3 Month Average | 17.174 % | £11,163 | £76,163 |
| 6 Month Average | 10.492 % | £6,819 | £71,819 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Nov 2013.
The average size of a house on BURWELL DRIVE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatcliffe Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hatcliffe Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fulstow Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wainfleet Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wainfleet Road |