£648,924
This estimated value is based upon the latest sale price for the house of £525,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 20 Sep 2019 |
| £127,000 | 14 Jan 2002 |
| Detached |
| Freehold |
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 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £525,000 results in an estimated price of approximately £648,924.
| 20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £525,000 | £123,924 | £648,924 |
The Postcode Pricing Model uses changes in average sales price within the DN41 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 | -14.949 % | £-78,484 | £446,515 |
| 3 Month Average | 7.449 % | £39,104 | £564,104 |
| 6 Month Average | -5.370 % | £-28,194 | £496,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £304,735 | £297,000 | 1 WELLS ROAD |
| 9 Jun 2022 | £163,495 | £160,000 | 80 STALLINGBOROUGH ROAD |
| 14 Apr 2022 | £186,684 | £179,950 | 11 HORNBEAM DRIVE |
| 27 Jan 2022 | £172,812 | £163,000 | 19 CORNFLOWER CLOSE |
| 29 Nov 2021 | £337,751 | £310,000 | 7 HORNBEAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Stallingborough Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stallingborough Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cornflower Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Fields |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bluebell Court |