£85,016
This estimated value is based upon the latest sale price for the house of £43,000 on 4 Jun 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £43,000 | 4 Jun 2004 |
| £43,000 | 4 Jun 2004 |
| £30,000 | 19 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £43,000 results in an estimated price of approximately £85,016.
| 4 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £43,000 | £42,016 | £85,016 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 55.186 % | £23,729 | £66,729 |
| 3 Month Average | 55.733 % | £23,965 | £66,965 |
| 6 Month Average | 71.620 % | £30,796 | £73,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £86,042 | £85,000 | 23 PHELPS STREET |
| 9 Sep 2022 | £87,295 | £88,000 | 19 PHELPS STREET |
| 28 Jan 2022 | £88,402 | £84,000 | 35 PHELPS STREET |
| 30 Nov 2021 | £84,358 | £78,000 | 18 PHELPS STREET |
| 8 Oct 2021 | £51,451 | £46,500 | 23 HARRINGTON STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Jan 2014. Using an estimated price of £85,016 means this house is valued at £841 per sq meter (£78 per sq foot).
The average size of a house on PHELPS STREET is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Taylor Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Taylor Street |
| Feb 2024 | Anti-social behaviour | On or near Taylor Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Taylor Street |
| Feb 2024 | Anti-social behaviour | On or near Taylor Street |