£203,235
This estimated value is based upon the latest sale price for the house of £110,000 on 8 Jan 2009. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 8 Jan 2009 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2009 the House Price Index for NORTH EAST LINCOLNSHIRE was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £110,000 results in an estimated price of approximately £203,235.
| 8 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 149.7 | 84.760 % | £110,000 | £93,235 | £203,235 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 29.522 % | £32,474 | £142,474 |
| 3 Month Average | 14.564 % | £16,020 | £126,020 |
| 6 Month Average | 17.024 % | £18,726 | £128,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £86,738 | £85,000 | 9 ALEXANDRA WHARF |
| 21 Feb 2023 | £30,906 | £30,700 | 47 ALEXANDRA ROAD |
| 20 Feb 2023 | £82,551 | £82,000 | 14 SOMERSBY STREET |
| 2 Nov 2022 | £29,860 | £30,000 | 51 ALEXANDRA ROAD |
| 29 Apr 2022 | £108,929 | £105,000 | 116 FILDES STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Jun 2014. Using an estimated price of £203,236 means this house is valued at £3,331 per sq meter (£309 per sq foot).
There is one other house on the street which we know the size of, this is 2 SOUTH PARADE MEWS it is 69.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near South Parade |
| Oct 2024 | Criminal damage and arson | Awaiting court outcome | On or near South Parade |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near South Parade |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near South Parade |
| Oct 2024 | Drugs | Under investigation | On or near South Parade |