£213,394
This estimated value is based upon the latest sale price for the house of £119,950 on 2 Dec 2005. 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 Shop Lane
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| Price Paid | Date |
|---|---|
| £119,950 | 2 Dec 2005 |
| £46,500 | 17 Dec 2001 |
| £10,500 | 25 Aug 1999 |
| £36,000 | 26 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2005 the House Price Index for NORTH LINCOLNSHIRE was 82.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 77.903%.Applying this 77.903% change to the original purchase price of £119,950 results in an estimated price of approximately £213,394.
| 2 Dec 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 146.7 | 77.903 % | £119,950 | £93,444 | £213,394 |
The Postcode Pricing Model uses changes in average sales price within the DN38 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 | 42.247 % | £50,674 | £170,624 |
| 3 Month Average | 80.684 % | £96,779 | £216,729 |
| 6 Month Average | 37.110 % | £44,513 | £164,463 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Shop Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shop Lane |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Middlegate Mews |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Westholme Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Close |