£194,691
This estimated value is based upon the latest sale price for the house of £125,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Queen Mary Avenue
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| Price Paid | Date |
|---|---|
| £125,000 | 2 May 2014 |
| £129,950 | 12 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2014 the House Price Index for NORTH EAST LINCOLNSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £125,000 results in an estimated price of approximately £194,691.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £125,000 | £69,691 | £194,691 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 23.797 % | £29,746 | £154,746 |
| 3 Month Average | 12.558 % | £15,697 | £140,697 |
| 6 Month Average | 21.288 % | £26,610 | £151,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £60,000 | £60,000 | 78 FREESTON STREET |
| 14 Aug 2023 | £191,962 | £188,500 | 25 QUEEN MARY AVENUE |
| 19 Jun 2023 | £163,782 | £160,500 | 13 QUEEN MARY AVENUE |
| 10 Mar 2023 | £87,461 | £86,000 | 93 FREESTON STREET |
| 22 Feb 2023 | £117,787 | £117,000 | 5 PARK VIEW |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Mar 2013. Using an estimated price of £194,692 means this house is valued at £1,966 per sq meter (£182 per sq foot).
The average size of a house on QUEEN MARY AVENUE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Queen Mary Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Queen Mary Avenue |
| Sep 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Queen Mary Avenue |
| Oct 2024 | Anti-social behaviour | On or near Colson Place | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Colson Place |