£280,281
This estimated value is based upon the latest sale price for the house of £275,000 on 4 May 2022. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 4 May 2022 |
| £180,000 | 3 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in May 2022 the House Price Index for NORTH LINCOLNSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £275,000 results in an estimated price of approximately £280,281.
| 4 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £275,000 | £5,281 | £280,281 |
The Postcode Pricing Model uses changes in average sales price within the DN17 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 | 3.474 % | £9,552 | £284,552 |
| 3 Month Average | 7.793 % | £21,430 | £296,430 |
| 6 Month Average | 5.249 % | £14,434 | £289,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £225,953 | £222,000 | 263 ASHBY ROAD |
| 22 Sep 2023 | £334,274 | £330,000 | 92 WEST COMMON GARDENS |
| 16 Aug 2023 | £348,045 | £345,000 | 85 WEST COMMON GARDENS |
| 16 Aug 2023 | £242,068 | £239,950 | 57 WEST COMMON GARDENS |
| 10 Aug 2023 | £277,427 | £275,000 | 46 WEST COMMON GARDENS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 5 Dec 2016. Using an estimated price of £280,281 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on HOPKINS AVENUE is 158 sq meters (1,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopkins Avenue |