£133,476
This estimated value is based upon the latest sale price for the house of £131,500 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£131,500 | 30 Nov 2023 |
£112,000 | 10 Dec 2018 |
£105,995 | 24 Feb 2006 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 November 2023 the House Price Index for NORTH LINCOLNSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £131,500 results in an estimated price of approximately £133,476.
30 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £131,500 | £1,976 | £133,476 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | 23.907 % | £31,437 | £162,937 |
3 Month Average | 1.036 % | £1,362 | £132,862 |
6 Month Average | -1.265 % | £-1,663 | £129,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £133,476 | £131,500 | 21 OLIVE DRIVE |
14 Apr 2023 | £298,211 | £295,000 | 7 SYCAMORE CRESCENT |
28 Nov 2022 | £165,989 | £168,000 | 26 BIRCH DRIVE |
27 May 2022 | £137,593 | £135,000 | 7 OLIVE DRIVE |
14 Mar 2022 | £169,947 | £164,000 | 10 MIMOSA COURT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Jul 2018. Using an estimated price of £133,476 means this house is valued at £2,188 per sq meter (£203 per sq foot).
The average size of a house on OLIVE DRIVE is 82 sq meters (892 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Nicholas Court |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Pinewood Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Pinewood Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Grove |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Heather Grove |