£276,424
This estimated value is based upon the latest sale price for the house of £188,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £188,000 | 1 May 2015 |
| Detached |
| Freehold |
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 2015 the House Price Index for NORTH EAST LINCOLNSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £188,000 results in an estimated price of approximately £276,424.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £188,000 | £88,424 | £276,424 |
The Postcode Pricing Model uses changes in average sales price within the DN41 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 | 2.896 % | £5,444 | £193,444 |
| 3 Month Average | 33.419 % | £62,828 | £250,828 |
| 6 Month Average | 22.419 % | £42,148 | £230,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £276,244 | £272,000 | 14 FORDS AVENUE |
| 29 Nov 2023 | £302,683 | £295,000 | 5 LINDSEY DRIVE |
| 23 Jun 2023 | £428,589 | £420,000 | 17 RADCLIFFE ROAD |
| 8 Jun 2023 | £306,135 | £300,000 | 38 NICHOLSON ROAD |
| 24 Mar 2023 | £269,501 | £265,000 | 7 PINE WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Walk |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Oak Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Healing |
| Sep 2024 | Burglary | Under investigation | On or near Healing |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Healing |