£70,802
This estimated value is based upon the latest sale price for the house of £56,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
There has been one burglary within the last year on or near Coverdale Road
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| Price Paid | Date |
|---|---|
| £56,000 | 26 Jan 2018 |
| £2,000 | 21 Dec 2017 |
| £19,000 | 6 Feb 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 January 2018 the House Price Index for NORTH LINCOLNSHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £56,000 results in an estimated price of approximately £70,802.
| 26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £56,000 | £14,802 | £70,802 |
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 | 58.534 % | £32,778 | £88,778 |
| 3 Month Average | 31.369 % | £17,566 | £73,566 |
| 6 Month Average | 26.629 % | £14,912 | £70,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £57,382 | £56,500 | 55 STAINDALE ROAD |
| 16 Oct 2023 | £235,345 | £230,000 | 40 COVERDALE ROAD |
| 23 Jun 2023 | £122,403 | £119,950 | 1 COVERDALE ROAD |
| 1 Nov 2022 | £149,302 | £150,000 | 15 BILSDALE ROAD |
| 21 Jul 2022 | £181,822 | £180,000 | 30 STAINDALE ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 31 Mar 2017. Using an estimated price of £70,803 means this house is valued at £1,416 per sq meter (£131 per sq foot).
The average size of a house on STAINDALE ROAD is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coverdale Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Coverdale Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coverdale Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Garsdale Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Garsdale Close |