£77,231
This estimated value is based upon the latest sale price for the house of £58,000 on 7 Jul 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£58,000 | 7 Jul 2016 |
£35,000 | 25 May 2001 |
£17,500 | 16 Aug 1999 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 July 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £58,000 results in an estimated price of approximately £77,231.
7 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £58,000 | £19,231 | £77,231 |
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 | 13.947 % | £8,089 | £66,089 |
3 Month Average | 16.402 % | £9,513 | £67,513 |
6 Month Average | 31.286 % | £18,145 | £76,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £67,868 | £67,000 | 162 WELHOLME ROAD |
11 Aug 2023 | £87,768 | £87,000 | 60 HARE STREET |
19 Jul 2023 | £65,887 | £65,000 | 9 INTAX FARM MEWS |
28 Apr 2023 | £58,126 | £57,500 | 187 WELHOLME ROAD |
7 Mar 2023 | £146,379 | £145,000 | 53 HARE STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 8 Jun 2017. Using an estimated price of £77,231 means this house is valued at £742 per sq meter (£68 per sq foot).
The average size of a house on WELHOLME ROAD is 122 sq meters (1,319 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Under investigation | On or near Hare Street |
Feb 2024 | Shoplifting | Suspect charged as part of another case | On or near Hare Street |