£68,273
This estimated value is based upon the latest sale price for the house of £54,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £54,000 | 19 Jan 2018 |
| £50,000 | 27 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £54,000 results in an estimated price of approximately £68,273.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £54,000 | £14,273 | £68,273 |
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 | -5.139 % | £-2,775 | £51,224 |
| 3 Month Average | -6.887 % | £-3,719 | £50,280 |
| 6 Month Average | 4.464 % | £2,410 | £56,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £97,474 | £95,000 | 4 MILLOM WAY |
| 5 Oct 2023 | £61,394 | £60,000 | 19 ALBERT PLACE |
| 28 Sep 2023 | £81,803 | £80,000 | 170 CLEETHORPE ROAD |
| 2 Jun 2023 | £35,716 | £35,000 | FLAT 2 HOPE HOUSE HOPE STREET |
| 26 Apr 2023 | £86,620 | £85,000 | 112 VICTOR STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 May 2014. Using an estimated price of £68,274 means this house is valued at £886 per sq meter (£82 per sq foot).
The average size of a house on ALBION STREET is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Robbery | Under investigation | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |