£98,922
This estimated value is based upon the latest sale price for the house of £82,500 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,500 | 28 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 August 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £82,500 results in an estimated price of approximately £98,922.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £82,500 | £16,422 | £98,922 |
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 | 33.827 % | £27,907 | £110,407 |
| 3 Month Average | 7.324 % | £6,042 | £88,542 |
| 6 Month Average | 1.954 % | £1,612 | £84,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £617,900 | £610,000 | 31B HUMBERSTON AVENUE |
| 28 Sep 2023 | £491,282 | £485,000 | 5 THE CEDARS |
| 4 Jul 2023 | £152,046 | £150,000 | 12 PARKLANDS AVENUE |
| 10 Nov 2022 | £326,051 | £330,000 | 41 HUMBERSTON AVENUE |
| 30 Sep 2022 | £184,510 | £186,000 | 20 PARKLANDS AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 27 Aug 2020. Using an estimated price of £98,923 means this house is valued at £2,198 per sq meter (£204 per sq foot).
The average size of a house on THE CEDARS is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbotts Grange |
| Mar 2024 | Other crime | Under investigation | On or near Cousin Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Farm Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Farm Lane |
| Mar 2024 | Other theft | Under investigation | On or near Seal Crescent |