£301,616
This estimated value is based upon the latest sale price for the house of £117,500 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
There has been one burglary within the last year on or near Cherry Mount
More crime details
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| Price Paid | Date |
|---|---|
| £117,500 | 15 Nov 2002 |
| Detached |
| Freehold |
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 November 2002 the House Price Index for NORTH LINCOLNSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £117,500 results in an estimated price of approximately £301,616.
| 15 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £117,500 | £184,116 | £301,616 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 160.992 % | £189,166 | £306,666 |
| 3 Month Average | 197.177 % | £231,683 | £349,183 |
| 6 Month Average | 187.708 % | £220,557 | £338,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £188,295 | £185,000 | 25 TIMBERLAND |
| 8 Sep 2023 | £169,669 | £167,500 | 44 HOLME HALL AVENUE |
| 17 Jun 2022 | £187,652 | £185,000 | 9 CHARTERHOUSE DRIVE |
| 28 Mar 2022 | £215,543 | £208,000 | 3 CHERRY MOUNT |
| 24 Feb 2022 | £178,226 | £169,950 | 7 OUNDLE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Mount |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Holme Hall Avenue |
| Feb 2024 | Anti-social behaviour | On or near Cheltenham Close | |
| Feb 2024 | Anti-social behaviour | On or near Cheltenham Close | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Beeches Avenue |