£118,895
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 25 Jun 2021 |
| £80,000 | 10 Jul 2015 |
| £115,000 | 19 Dec 2006 |
| £89,000 | 30 Jan 2004 |
| £41,000 | 1 Nov 2001 |
| £30,600 | 21 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 June 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £110,000 results in an estimated price of approximately £118,895.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £110,000 | £8,895 | £118,895 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 5.203 % | £5,723 | £115,723 |
| 3 Month Average | -0.912 % | £-1,003 | £108,996 |
| 6 Month Average | 5.872 % | £6,459 | £116,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £102,605 | £100,000 | 5 THE MOUNT |
| 19 Sep 2023 | £104,810 | £102,500 | 5 THE ROOKERY MILL ROAD |
| 27 Jan 2023 | £213,571 | £213,000 | 2 LUDLOW PLACE |
| 20 Jan 2023 | £70,188 | £70,000 | 12 THE GATHERUMS |
| 15 Aug 2022 | £105,493 | £105,000 | 21 MAEGAN WAY |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 30 Mar 2015. Using an estimated price of £118,895 means this house is valued at £757 per sq meter (£70 per sq foot).
The average size of a house on MILL ROAD is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Gatherums |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Gatherums |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gatherums |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near The Gatherums |
| Aug 2024 | Anti-social behaviour | On or near The Gatherums |