£105,944
This estimated value is based upon the latest sale price for the house of £86,000 on 3 Aug 2018. 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 Danes Close
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| Price Paid | Date |
|---|---|
| £86,000 | 3 Aug 2018 |
| £112,950 | 28 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £86,000 results in an estimated price of approximately £105,944.
| 3 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £86,000 | £19,944 | £105,944 |
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 | 21.657 % | £18,624 | £104,624 |
| 3 Month Average | 2.161 % | £1,858 | £87,858 |
| 6 Month Average | 12.845 % | £11,046 | £97,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £114,079 | £113,000 | 50 DANES CLOSE |
| 21 Jul 2023 | £106,003 | £105,000 | 40 DANES CLOSE |
| 23 Jun 2023 | £77,629 | £77,000 | 29 DANES CLOSE |
| 22 Mar 2023 | £105,571 | £105,000 | 49 DANES CLOSE |
| 28 Nov 2022 | £31,981 | £32,500 | 42 ROBERT PEARSON MEWS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 11 Oct 2017. Using an estimated price of £105,944 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on DANES CLOSE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Danes Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Danes Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |