£213,334
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Oct 2011. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 14 Oct 2011 |
| £46,000 | 28 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 907 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 2011 the House Price Index for NORTH EAST LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.668%.Applying this 70.668% change to the original purchase price of £125,000 results in an estimated price of approximately £213,334.
| 14 Oct 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.668 % | £125,000 | £88,334 | £213,334 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | 118.785 % | £148,481 | £273,481 |
| 3 Month Average | 53.164 % | £66,454 | £191,454 |
| 6 Month Average | 37.971 % | £47,464 | £172,464 |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 3 Aug 2011.
The average size of a house on GEDNEY CLOSE is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Local resolution | On or near Gedney Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfair Drive West |
| Feb 2024 | Other theft | Under investigation | On or near Mayfair Drive West |
| Feb 2024 | Anti-social behaviour | On or near Wybers Way | |
| Feb 2024 | Anti-social behaviour | On or near Wybers Way |