£62,758
This estimated value is based upon the latest sale price for the house of £31,960 on 26 Jul 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £31,960 | 26 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £31,960 results in an estimated price of approximately £62,758.
| 26 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £31,960 | £30,798 | £62,758 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | 136.101 % | £43,498 | £75,458 |
| 3 Month Average | 102.716 % | £32,828 | £64,788 |
| 6 Month Average | 93.435 % | £29,861 | £61,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £92,928 | £91,500 | 10 ST CHADS WALK SOUTH |
| 15 Sep 2023 | £61,352 | £60,000 | 8 ST CHADS WALK SOUTH |
| 30 Jun 2023 | £127,505 | £124,950 | 26 CRANWELL DRIVE |
| 31 Mar 2023 | £73,223 | £72,000 | 12 ST CHADS GATE |
| 2 Mar 2023 | £77,291 | £76,000 | 9 RAVENSCAR ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Jul 2020. Using an estimated price of £62,759 means this house is valued at £713 per sq meter (£66 per sq foot).
The average size of a house on CROMWELL ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Service Road 26 |