£117,587
This estimated value is based upon the latest sale price for the house of £64,000 on 29 Apr 2005. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Malcolm Road
More crime details
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| Price Paid | Date |
|---|---|
| £64,000 | 29 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2005 the House Price Index for NORTH EAST LINCOLNSHIRE was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.731%.Applying this 83.731% change to the original purchase price of £64,000 results in an estimated price of approximately £117,587.
| 29 Apr 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.731 % | £64,000 | £53,587 | £117,587 |
The Postcode Pricing Model uses changes in average sales price within the DN34 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 | 79.943 % | £51,163 | £115,163 |
| 3 Month Average | 39.888 % | £25,528 | £89,528 |
| 6 Month Average | 40.469 % | £25,900 | £89,900 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Feb 2017.
The average size of a house on WELLAND AVENUE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Malcolm Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Malcolm Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Willoughby Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Firbeck Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crowland Avenue |