£279,364
This estimated value is based upon the latest sale price for the house of £149,950 on 6 May 2005. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £149,950 | 6 May 2005 |
| £120,000 | 2 Jul 2004 |
| £97,500 | 6 Jun 2003 |
| £48,000 | 15 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 667 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 May 2005 the House Price Index for NORTH EAST LINCOLNSHIRE was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £149,950 results in an estimated price of approximately £279,364.
| 6 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £149,950 | £129,414 | £279,364 |
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 | 55.601 % | £83,373 | £233,323 |
| 3 Month Average | 37.477 % | £56,196 | £206,146 |
| 6 Month Average | 45.385 % | £68,055 | £218,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £180,584 | £176,000 | 17 HAWKINS GROVE |
| 3 Nov 2023 | £245,225 | £239,000 | 195 CARR LANE |
| 2 Nov 2023 | £186,740 | £182,000 | 6 PHELPS PLACE |
| 22 Sep 2023 | £260,748 | £255,000 | 11 CHURCH LANE |
| 10 Feb 2023 | £395,643 | £393,000 | 8 CHURCH LANE |
This house has a floor area of 61 sq meters or 667 sq feet when measured on 21 Oct 2008. Using an estimated price of £279,364 means this house is valued at £4,506 per sq meter (£418 per sq foot).
There is one other house on the street which we know the size of, this is 7 GREETHAMS LANE it is 48.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phelps Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phelps Place |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Phelps Place |