£160,596
This estimated value is based upon the latest sale price for the house of £130,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 18 Jan 2019 |
| £125,000 | 11 Aug 2017 |
| £110,000 | 22 Aug 2014 |
| £20,500 | 17 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in January 2019 the House Price Index for NORTH LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £130,000 results in an estimated price of approximately £160,596.
| 18 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £130,000 | £30,596 | £160,596 |
The Postcode Pricing Model uses changes in average sales price within the DN18 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 | 22.716 % | £29,530 | £159,530 |
| 3 Month Average | 24.574 % | £31,946 | £161,946 |
| 6 Month Average | 21.763 % | £28,291 | £158,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £238,531 | £235,000 | 11 MARKET PLACE |
| 29 Sep 2023 | £151,943 | £150,000 | 10 MARKET PLACE |
| 21 Apr 2023 | £252,519 | £249,800 | 16 CASTLEDYKE SOUTH |
| 14 Feb 2023 | £149,899 | £150,000 | 9A MARKET LANE |
| 15 Jul 2022 | £120,324 | £120,000 | 17 MARKET PLACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 6 Apr 2017. Using an estimated price of £160,596 means this house is valued at £2,085 per sq meter (£193 per sq foot).
The average size of a house on PRIESTGATE is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near George Street |
| Feb 2024 | Shoplifting | Local resolution | On or near George Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near George Street |