£66,388
This estimated value is based upon the latest sale price for the house of £60,000 on 29 Oct 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 |
|---|---|
| £60,000 | 29 Oct 2021 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2021 the House Price Index for NORTH EAST LINCOLNSHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £60,000 results in an estimated price of approximately £66,388.
| 29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £60,000 | £6,388 | £66,388 |
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 | -32.242 % | £-19,345 | £40,654 |
| 3 Month Average | -31.740 % | £-19,044 | £40,955 |
| 6 Month Average | -12.660 % | £-7,596 | £52,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £30,327 | £30,000 | 141 HAINTON AVENUE |
| 31 Mar 2023 | £65,618 | £65,000 | 67 SIXHILLS STREET |
| 20 May 2022 | £75,421 | £74,000 | 212 HENEAGE ROAD |
| 20 Apr 2022 | £108,129 | £105,000 | 107 HENEAGE ROAD |
| 6 Apr 2022 | £72,086 | £70,000 | 85 EDWARD STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Jun 2021. Using an estimated price of £66,389 means this house is valued at £771 per sq meter (£71 per sq foot).
The average size of a house on HENEAGE ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Street |
| Mar 2024 | Other theft | Under investigation | On or near Margaret Street |
| Mar 2024 | Other crime | Under investigation | On or near Margaret Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Margaret Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margaret Street |