£91,011
This estimated value is based upon the latest sale price for the house of £31,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £31,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2002 the House Price Index for NORTH EAST LINCOLNSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £31,000 results in an estimated price of approximately £91,011.
| 31 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £31,000 | £60,011 | £91,011 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 121.911 % | £37,792 | £68,792 |
| 3 Month Average | 136.401 % | £42,284 | £73,284 |
| 6 Month Average | 167.915 % | £52,053 | £83,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £55,712 | £54,000 | 131 GILBEY ROAD |
| 6 Oct 2023 | £71,627 | £70,000 | 199 NEWHAVEN TERRACE |
| 1 Aug 2023 | £88,598 | £87,000 | 155 NEWHAVEN TERRACE |
| 20 Apr 2023 | £65,220 | £64,000 | 141 GILBEY ROAD |
| 7 Oct 2022 | £66,777 | £67,000 | 100 GILBEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Dec 2019. Using an estimated price of £91,011 means this house is valued at £1,338 per sq meter (£124 per sq foot).
The average size of a house on CLEVELAND GARDENS is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Gardens |
| Aug 2024 | Anti-social behaviour | On or near Bridge Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Bridge Gardens | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Gardens |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Haven Gardens |