£138,820
This estimated value is based upon the latest sale price for the house of £110,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 6 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £110,000 results in an estimated price of approximately £138,820.
| 6 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £110,000 | £28,820 | £138,820 |
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 | 5.440 % | £5,983 | £115,983 |
| 3 Month Average | 9.024 % | £9,925 | £119,925 |
| 6 Month Average | 19.401 % | £21,341 | £131,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £137,404 | £135,000 | 178 FAREBROTHER STREET |
| 21 Feb 2023 | £148,900 | £149,000 | 179 FAREBROTHER STREET |
| 31 Jan 2023 | £84,552 | £84,950 | 13 GERTRUDE STREET |
| 27 Apr 2022 | £203,385 | £197,500 | 120 WEELSBY ROAD |
| 1 Apr 2022 | £106,069 | £103,000 | 5 ST AUGUSTINE AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 26 Jul 2017. Using an estimated price of £138,820 means this house is valued at £1,137 per sq meter (£105 per sq foot).
The average size of a house on FAREBROTHER STREET is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bratton Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bratton Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bratton Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bratton Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bratton Court |