£112,651
This estimated value is based upon the latest sale price for the house of £71,000 on 18 Jun 2007. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £71,000 | 18 Jun 2007 |
| £39,950 | 21 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2007 the House Price Index for NORTH EAST LINCOLNSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £71,000 results in an estimated price of approximately £112,651.
| 18 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £71,000 | £41,651 | £112,651 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 1.748 % | £1,240 | £72,240 |
| 3 Month Average | 3.545 % | £2,516 | £73,516 |
| 6 Month Average | -0.504 % | £-357 | £70,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £65,977 | £65,000 | 16 TENNYSON STREET |
| 14 Aug 2023 | £71,627 | £71,000 | 150 ALEXANDRA ROAD |
| 2 Jun 2023 | £52,638 | £52,000 | 24 TENNYSON STREET |
| 15 Mar 2023 | £54,514 | £54,000 | 4 FREDERICK STREET |
| 25 Mar 2022 | £77,720 | £75,000 | 5 FREDERICK STREET |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 Aug 2019. Using an estimated price of £112,652 means this house is valued at £971 per sq meter (£90 per sq foot).
The average size of a house on ALEXANDRA ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |