£44,506
This estimated value is based upon the latest sale price for the house of £14,250 on 18 Jan 2002. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £14,250 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 815 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 January 2002 the House Price Index for NORTH EAST LINCOLNSHIRE was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £14,250 results in an estimated price of approximately £44,506.
| 18 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £14,250 | £30,256 | £44,506 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | 148.133 % | £21,108 | £35,358 |
| 3 Month Average | 131.117 % | £18,684 | £32,934 |
| 6 Month Average | 154.676 % | £22,041 | £36,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £55,485 | £55,000 | FIRST FLOOR FLAT 20 PARK STREET |
| 28 Apr 2023 | £90,980 | £90,000 | 415 CLEETHORPE ROAD |
| 19 Apr 2023 | £41,446 | £41,000 | 8B PARK STREET |
| 4 Apr 2023 | £55,599 | £55,000 | 36 PARK STREET |
| 31 Mar 2023 | £94,389 | £93,500 | 16 PARK STREET |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 25 Feb 2010. Using an estimated price of £44,507 means this house is valued at £587 per sq meter (£54 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hamilton Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hamilton Street |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Hamilton Street |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Hamilton Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Street |