£70,321
This estimated value is based upon the latest sale price for the house of £56,500 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £56,500 | 14 Jun 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in June 2019 the House Price Index for NORTH LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £56,500 results in an estimated price of approximately £70,321.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £56,500 | £13,821 | £70,321 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 65.245 % | £36,863 | £93,363 |
| 3 Month Average | 22.290 % | £12,593 | £69,093 |
| 6 Month Average | 19.667 % | £11,111 | £67,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £114,763 | £113,000 | 6 LYGON STREET |
| 29 Sep 2023 | £79,758 | £78,000 | 8 CROMWELL AVENUE |
| 5 Apr 2023 | £71,334 | £70,000 | 33 CEMETERY ROAD |
| 3 Feb 2023 | £118,794 | £118,000 | 3 HAIG AVENUE |
| 24 Jun 2022 | £117,512 | £115,000 | 13 HAIG AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Jan 2019. Using an estimated price of £70,322 means this house is valued at £1,233 per sq meter (£114 per sq foot).
The average size of a house on EARLS WALK is 85 sq meters (916 sq feet).
This house is the largest in the street with a floor area of 57 sq meters (613 sq feet).