£151,411
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 5 Nov 2021 |
| £81,500 | 30 Apr 2013 |
| £23,000 | 9 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £140,000 results in an estimated price of approximately £151,411.
| 5 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £140,000 | £11,411 | £151,411 |
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 | 22.676 % | £31,746 | £171,746 |
| 3 Month Average | -27.946 % | £-39,123 | £100,876 |
| 6 Month Average | -11.976 % | £-16,767 | £123,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £91,352 | £90,000 | 134 LAMBERT ROAD |
| 15 Sep 2023 | £103,828 | £102,500 | 135 WELHOLME ROAD |
| 29 Mar 2023 | £136,284 | £135,000 | 126 WELHOLME ROAD |
| 9 Aug 2022 | £64,826 | £65,000 | 20 GARNER STREET |
| 15 Jul 2022 | £97,763 | £97,500 | 10 FAREBROTHER STREET |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 8 Sep 2021. Using an estimated price of £151,412 means this house is valued at £1,182 per sq meter (£109 per sq foot).
The average size of a house on WELHOLME ROAD is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welholme Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Welholme Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Welholme Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Welholme Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Welholme Road |