£189,823
This estimated value is based upon the latest sale price for the house of £189,950 on 14 Sep 2022. 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 Timothy Close
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| Price Paid | Date |
|---|---|
| £189,950 | 14 Sep 2022 |
| £140,950 | 9 Dec 2015 |
| £49,000 | 31 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2022 the House Price Index for NORTH EAST LINCOLNSHIRE was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £189,950 results in an estimated price of approximately £189,823.
| 14 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £189,950 | £-126 | £189,823 |
The Postcode Pricing Model uses changes in average sales price within the DN33 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 | -19.632 % | £-37,291 | £152,658 |
| 3 Month Average | -17.118 % | £-32,515 | £157,434 |
| 6 Month Average | -2.354 % | £-4,470 | £185,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2024 | £175,000 | £175,000 | 27 LAVENHAM ROAD |
| 11 Mar 2024 | £132,028 | £130,000 | 6 BAYONS AVENUE |
| 8 Dec 2023 | £193,444 | £187,500 | 37 BROOKFIELD ROAD |
| 30 Jun 2023 | £198,988 | £195,000 | 64 SPRINGFIELD ROAD |
| 24 Mar 2023 | £167,802 | £165,000 | 5 BROOKFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Aug 2015. Using an estimated price of £189,823 means this house is valued at £2,530 per sq meter (£235 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Timothy Close |
| Nov 2024 | Vehicle crime | Under investigation | On or near Trefoil Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellflower Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemallow Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemallow Close |