£291,413
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£220,000 | 14 Oct 2016 |
£164,950 | 10 Sep 2004 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 October 2016 the House Price Index for NORTH LINCOLNSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £220,000 results in an estimated price of approximately £291,413.
14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £220,000 | £71,413 | £291,413 |
The Postcode Pricing Model uses changes in average sales price within the DN18 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 | 19.122 % | £42,067 | £262,067 |
3 Month Average | 39.096 % | £86,011 | £306,011 |
6 Month Average | 36.045 % | £79,297 | £299,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £259,825 | £260,000 | 12 EIDER CLOSE |
3 Feb 2023 | £251,831 | £252,000 | 6 FURNISS COURT |
11 Jan 2023 | £321,486 | £323,000 | 15 RIVERBANK RISE |
2 Sep 2022 | £312,477 | £315,000 | 1 TEAL DRIVE |
8 Jun 2022 | £129,328 | £127,500 | 32 RIVERBANK RISE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 16 Nov 2015. Using an estimated price of £291,413 means this house is valued at £2,023 per sq meter (£188 per sq foot).
The average size of a house on EIDER CLOSE is 142 sq meters (1,537 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Riverbank Rise | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverbank Rise |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Plover Court |
Mar 2024 | Anti-social behaviour | On or near Western Drive | |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Western Drive |