£133,845
This estimated value is based upon the latest sale price for the house of £77,500 on 26 May 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 |
|---|---|
| £77,500 | 26 May 2011 |
| £38,000 | 31 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,089 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 May 2011 the House Price Index for NORTH EAST LINCOLNSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £77,500 results in an estimated price of approximately £133,845.
| 26 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £77,500 | £56,345 | £133,845 |
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 | -12.462 % | £-9,658 | £67,841 |
| 3 Month Average | 3.782 % | £2,930 | £80,430 |
| 6 Month Average | 27.785 % | £21,533 | £99,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £60,653 | £60,000 | 52A AINSLIE STREET |
| 4 Nov 2022 | £138,324 | £140,000 | 50 WELLOWGATE |
| 28 Mar 2022 | £135,750 | £131,000 | 8 ST OLAFS GROVE |
| 28 Jan 2022 | £121,027 | £115,000 | 54 WELLOWGATE |
| 21 Jan 2022 | £286,255 | £272,000 | 21 ABBOTSWAY |
This house has a floor area of 101 sq meters or 1,089 sq feet when measured on 18 Jan 2010. Using an estimated price of £133,845 means this house is valued at £1,321 per sq meter (£122 per sq foot).
The average size of a house on ABBEY DRIVE EAST is 138 sq meters (1,491 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Drive East |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Abbey Drive East |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Drive East |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbey Drive East |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbotsway |