£72,882
This estimated value is based upon the latest sale price for the house of £72,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £72,000 | 23 Jun 2023 |
| £50,000 | 27 Feb 2007 |
| Terraced |
| 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 June 2023 the House Price Index for NORTH EAST LINCOLNSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £72,000 results in an estimated price of approximately £72,882.
| 23 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £72,000 | £882 | £72,882 |
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 | -59.257 % | £-42,665 | £29,334 |
| 3 Month Average | -3.814 % | £-2,746 | £69,253 |
| 6 Month Average | 7.956 % | £5,728 | £77,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £79,010 | £78,000 | 12 BULLER STREET |
| 21 Sep 2023 | £62,803 | £62,000 | 71 LADYSMITH ROAD |
| 15 Sep 2023 | £30,389 | £30,000 | 34 LADYSMITH ROAD |
| 23 Jun 2023 | £72,883 | £72,000 | 5 LADYSMITH ROAD |
| 13 Apr 2023 | £46,501 | £46,000 | 53 LADYSMITH ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Feb 2011. Using an estimated price of £72,883 means this house is valued at £899 per sq meter (£83 per sq foot).
The average size of a house on LADYSMITH ROAD is 89 sq meters (960 sq feet).