£98,265
This estimated value is based upon the latest sale price for the house of £79,500 on 3 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 |
|---|---|
| £79,500 | 3 Sep 2019 |
| £87,000 | 28 Jan 2008 |
| £29,000 | 21 Nov 1995 |
| 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 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 £79,500 results in an estimated price of approximately £98,265.
| 3 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £79,500 | £18,765 | £98,265 |
The Postcode Pricing Model uses changes in average sales price within the DN34 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 | 21.091 % | £16,767 | £96,267 |
| 3 Month Average | 27.076 % | £21,525 | £101,025 |
| 6 Month Average | 28.330 % | £22,521 | £102,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £124,000 | £124,000 | 32 SPRINGWAY CRESCENT |
| 15 Mar 2024 | £64,999 | £64,000 | 56 SPRING BANK |
| 17 Oct 2023 | £102,324 | £100,000 | 9 SPRINGWAY CRESCENT |
| 12 Jun 2023 | £79,595 | £78,000 | 32 DOUGLAS AVENUE |
| 20 Mar 2023 | £127,123 | £125,000 | 113 SPRING BANK |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 May 2012. Using an estimated price of £98,266 means this house is valued at £1,445 per sq meter (£134 per sq foot).
The average size of a house on SPRING BANK is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Douglas Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Spring Bank |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spring Bank |