£167,802
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 17 Mar 2023 |
| £122,500 | 21 Oct 2016 |
| £111,500 | 12 Jul 2013 |
| £105,000 | 25 Jun 2009 |
| £97,500 | 10 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 March 2023 the House Price Index for NORTH EAST LINCOLNSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £165,000 results in an estimated price of approximately £167,802.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £165,000 | £2,802 | £167,802 |
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 | 82.375 % | £135,919 | £300,919 |
| 3 Month Average | 3.769 % | £6,218 | £171,218 |
| 6 Month Average | 11.079 % | £18,280 | £183,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £106,709 | £104,000 | 12 SAMUEL AVENUE |
| 25 Sep 2023 | £132,930 | £130,000 | 22 COLIN AVENUE |
| 14 Jun 2023 | £125,515 | £123,000 | 4 SAMUEL AVENUE |
| 17 Mar 2023 | £167,802 | £165,000 | 62 COLIN AVENUE |
| 30 Jan 2023 | £135,362 | £135,000 | 16 COLIN AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 17 Aug 2016. Using an estimated price of £167,802 means this house is valued at £1,525 per sq meter (£141 per sq foot).
The average size of a house on COLIN AVENUE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Awaiting court outcome | On or near Colin Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colin Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Escart Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Escart Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Escart Avenue |