£129,846
This estimated value is based upon the latest sale price for the house of £40,250 on 28 Nov 2001. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£40,250 | 28 Nov 2001 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 November 2001 the House Price Index for NORTH EAST LINCOLNSHIRE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £40,250 results in an estimated price of approximately £129,846.
28 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £40,250 | £89,596 | £129,846 |
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 | 139.442 % | £56,125 | £96,375 |
3 Month Average | 171.965 % | £69,215 | £109,465 |
6 Month Average | 195.984 % | £78,883 | £119,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £157,847 | £155,000 | 4 MENDIP AVENUE |
28 Feb 2023 | £148,995 | £148,000 | 1 MENDIP AVENUE |
13 Feb 2023 | £146,478 | £145,500 | 5 SOUTHWOLD CRESCENT |
8 Aug 2022 | £165,775 | £165,000 | 28 SOUTHWOLD CRESCENT |
5 Aug 2022 | £175,822 | £175,000 | 4 WICKLOW AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 31 May 2014. Using an estimated price of £129,846 means this house is valued at £1,603 per sq meter (£148 per sq foot).
The average size of a house on MENDIP AVENUE is 85 sq meters (922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Mendip Avenue |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mendip Avenue |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mendip Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mendip Avenue |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Derry Way |