£248,171
This estimated value is based upon the latest sale price for the house of £210,000 on 2 Oct 2020. 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 Lancaster Approach
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| Price Paid | Date |
|---|---|
| £210,000 | 2 Oct 2020 |
| £172,500 | 20 Apr 2016 |
| £130,000 | 24 Mar 2011 |
| £138,000 | 20 Sep 2006 |
| Detached |
| Freehold |
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 October 2020 the House Price Index for NORTH LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £210,000 results in an estimated price of approximately £248,171.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £210,000 | £38,171 | £248,171 |
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 | -1.468 % | £-3,083 | £206,916 |
| 3 Month Average | 5.112 % | £10,735 | £220,735 |
| 6 Month Average | 11.980 % | £25,158 | £235,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £161,351 | £159,950 | 10 GARDEN VILLAGE |
| 5 Dec 2023 | £103,170 | £100,000 | 17 ST CRISPIN CLOSE |
| 10 Nov 2023 | £149,803 | £146,000 | 21 ST CRISPIN CLOSE |
| 12 Oct 2023 | £166,788 | £163,000 | THE COTTAGE CHASE HILL ROAD |
| 30 Jun 2023 | £140,822 | £138,000 | 23 GARDEN VILLAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Lancaster Approach |
| Oct 2024 | Vehicle crime | Under investigation | On or near Lancaster Approach |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Approach |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Approach |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Approach |