£308,850
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 9 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £250,000 results in an estimated price of approximately £308,850.
| 9 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £250,000 | £58,850 | £308,850 |
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 | -26.897 % | £-67,242 | £182,757 |
| 3 Month Average | 4.070 % | £10,174 | £260,174 |
| 6 Month Average | 6.883 % | £17,207 | £267,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £215,469 | £210,000 | 33 LANSDOWNE AVENUE |
| 16 Oct 2023 | £291,623 | £285,000 | 34 CUMBERLAND AVENUE |
| 1 Sep 2023 | £163,607 | £160,000 | 102 WELHOLME AVENUE |
| 23 Jun 2023 | £209,192 | £205,000 | 98 WELHOLME AVENUE |
| 28 Apr 2023 | £281,261 | £276,000 | 27 LANSDOWNE AVENUE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 5 Jul 2019. Using an estimated price of £308,850 means this house is valued at £2,072 per sq meter (£192 per sq foot).
The average size of a house on LANSDOWNE AVENUE is 143 sq meters (1,546 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| May 2024 | Other theft | Under investigation | On or near Lansdowne Avenue |
| May 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| May 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lansdowne Avenue |