£150,200
This estimated value is based upon the latest sale price for the house of £139,950 on 24 Sep 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 |
|---|---|
| £139,950 | 24 Sep 2021 |
| £107,950 | 10 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £139,950 results in an estimated price of approximately £150,200.
| 24 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £139,950 | £10,250 | £150,200 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | -20.909 % | £-29,261 | £110,688 |
| 3 Month Average | -18.440 % | £-25,807 | £114,142 |
| 6 Month Average | -12.313 % | £-17,232 | £122,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £138,750 | £138,000 | 58 LEGSBY AVENUE |
| 22 Feb 2023 | £93,060 | £93,500 | 64 FAREBROTHER STREET |
| 28 Nov 2022 | £95,452 | £97,000 | 78 FAREBROTHER STREET |
| 19 Oct 2022 | £134,993 | £137,000 | 37 LEGSBY AVENUE |
| 5 Aug 2022 | £137,074 | £138,000 | 52 LEGSBY AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 10 Aug 2021. Using an estimated price of £150,200 means this house is valued at £1,173 per sq meter (£109 per sq foot).
The average size of a house on WELHOLME ROAD is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Welholme Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welholme Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welholme Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welholme Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Welholme Road |