£32,395
This estimated value is based upon the latest sale price for the house of £22,500 on 26 Aug 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 |
|---|---|
| £22,500 | 26 Aug 2015 |
| £38,000 | 25 Jan 2010 |
| £16,000 | 26 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 437 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 2015 the House Price Index for NORTH EAST LINCOLNSHIRE was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £22,500 results in an estimated price of approximately £32,395.
| 26 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £22,500 | £9,895 | £32,395 |
The Postcode Pricing Model uses changes in average sales price within the DN34 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 | 37.791 % | £8,503 | £31,003 |
| 3 Month Average | 51.703 % | £11,633 | £34,133 |
| 6 Month Average | 46.194 % | £10,393 | £32,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £100,000 | £100,000 | 30 WELLAND AVENUE |
| 10 Apr 2024 | £110,964 | £110,000 | 79 CROWLAND AVENUE |
| 27 Jan 2023 | £82,220 | £82,000 | 153 SHERWOOD ROAD |
| 6 Jan 2023 | £95,255 | £95,000 | 7 WILLOUGHBY GROVE |
| 16 Sep 2022 | £135,909 | £136,000 | 91 WATFORD AVENUE |
This house has a floor area of 40 sq meters or 437 sq feet when measured on 23 Nov 2011. Using an estimated price of £32,396 means this house is valued at £796 per sq meter (£74 per sq foot).
The average size of a house on SHERWOOD ROAD is 79 sq meters (851 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (437 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bardney Gardens |
| Oct 2024 | Anti-social behaviour | On or near Winslow Grove | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winslow Grove |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winslow Grove |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winslow Grove |