£55,623
This estimated value is based upon the latest sale price for the house of £46,000 on 13 Jul 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £46,000 | 13 Jul 2020 |
| £39,000 | 15 Feb 2019 |
| £40,000 | 13 Aug 2007 |
| £31,000 | 23 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 793 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 July 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £46,000 results in an estimated price of approximately £55,623.
| 13 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £46,000 | £9,623 | £55,623 |
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 | -25.054 % | £-11,524 | £34,475 |
| 3 Month Average | 18.184 % | £8,364 | £54,364 |
| 6 Month Average | 37.415 % | £17,211 | £63,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £27,000 | £27,000 | GROUND FLOOR FLAT 25 GRAFTON STREET |
| 13 Nov 2023 | £50,701 | £49,950 | 54 GUILDFORD STREET |
| 24 Feb 2023 | £78,447 | £78,500 | 54 WEELSBY STREET |
| 23 Feb 2023 | £64,956 | £65,000 | 15 DUKE STREET |
| 11 Feb 2022 | £52,435 | £50,000 | 12 SUSSEX COURT |
This house has a floor area of 73 sq meters or 793 sq feet when measured on 16 Dec 2010. Using an estimated price of £55,623 means this house is valued at £754 per sq meter (£70 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Bedford Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bedford Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bedford Street |
| Jan 2024 | Public order | Action to be taken by another organisation | On or near Bedford Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Street |