£81,734
This estimated value is based upon the latest sale price for the house of £56,000 on 18 May 2015. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £56,000 | 18 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2015 the House Price Index for NORTH EAST LINCOLNSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £56,000 results in an estimated price of approximately £81,734.
| 18 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £56,000 | £25,734 | £81,734 |
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 | -18.679 % | £-10,460 | £45,539 |
| 3 Month Average | -8.300 % | £-4,648 | £51,351 |
| 6 Month Average | 12.196 % | £6,829 | £62,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £70,762 | £70,000 | 21 THOMAS STREET |
| 28 Nov 2022 | £66,198 | £67,000 | 41 FRASER STREET |
| 15 Nov 2022 | £52,366 | £53,000 | 149 CONVAMORE ROAD |
| 25 Jul 2022 | £80,216 | £80,000 | 38 CHURCHILL WAY |
| 15 Jun 2022 | £50,717 | £50,000 | 121 CONVAMORE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Jan 2015. Using an estimated price of £81,734 means this house is valued at £1,201 per sq meter (£111 per sq foot).
The average size of a house on CONVAMORE ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchill Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Churchill Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Churchill Way |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Churchill Way |