£49,103
This estimated value is based upon the latest sale price for the house of £30,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £30,000 | 1 Nov 2013 |
| £30,000 | 19 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 November 2013 the House Price Index for NORTH EAST LINCOLNSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £30,000 results in an estimated price of approximately £49,103.
| 1 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £30,000 | £19,103 | £49,103 |
The Postcode Pricing Model uses changes in average sales price within the DN40 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 | 53.194 % | £15,958 | £45,958 |
| 3 Month Average | 54.947 % | £16,484 | £46,484 |
| 6 Month Average | 62.922 % | £18,876 | £48,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £125,000 | £125,000 | 327 PELHAM ROAD |
| 19 Dec 2023 | £79,441 | £77,000 | 10 MAYFLOWER AVENUE |
| 25 Aug 2023 | £147,663 | £145,000 | 313 PELHAM ROAD |
| 16 Jun 2023 | £163,272 | £160,000 | 44 CRAIK HILL AVENUE |
| 16 Jun 2023 | £98,304 | £96,334 | 283 PELHAM ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 26 May 2016. Using an estimated price of £49,103 means this house is valued at £804 per sq meter (£74 per sq foot).
The average size of a house on ALDEN CLOSE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Other theft | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |