£94,748
This estimated value is based upon the latest sale price for the house of £42,000 on 15 Oct 2003. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Freeport Wharf
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Price Paid | Date |
---|---|
£42,000 | 15 Oct 2003 |
£23,700 | 23 Feb 2001 |
£29,500 | 26 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 October 2003 the House Price Index for NORTH EAST LINCOLNSHIRE was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £42,000 results in an estimated price of approximately £94,748.
15 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £42,000 | £52,748 | £94,748 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 84.155 % | £35,345 | £77,345 |
3 Month Average | 84.463 % | £35,474 | £77,474 |
6 Month Average | 91.719 % | £38,521 | £80,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £82,264 | £81,000 | 193 ALEXANDRA ROAD |
1 Dec 2023 | £51,585 | £50,000 | 411 VICTORIA COURT VICTORIA STREET |
16 Nov 2023 | £59,511 | £58,000 | 54 VICTORIA COURT VICTORIA STREET |
8 Nov 2023 | £51,302 | £50,000 | 197 ALEXANDRA ROAD |
1 Sep 2023 | £53,683 | £52,500 | 210 VICTORIA COURT VICTORIA STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 28 May 2020. Using an estimated price of £94,748 means this house is valued at £2,203 per sq meter (£204 per sq foot).
The average size of a house on VICTORIA STREET is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Freeport Wharf |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Freeport Wharf |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freeport Wharf |
Oct 2024 | Burglary | Under investigation | On or near Freeport Wharf |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Freeport Wharf |