£87,442
This estimated value is based upon the latest sale price for the house of £36,500 on 11 Apr 2003. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £36,500 | 11 Apr 2003 |
| £18,500 | 3 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2003 the House Price Index for NORTH EAST LINCOLNSHIRE was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £36,500 results in an estimated price of approximately £87,442.
| 11 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £36,500 | £50,942 | £87,442 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 141.889 % | £51,789 | £88,289 |
| 3 Month Average | 126.226 % | £46,072 | £82,572 |
| 6 Month Average | 143.256 % | £52,288 | £88,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £81,036 | £80,000 | 79 LOVETT STREET |
| 8 Jul 2022 | £120,274 | £119,950 | 16 THE OLD SCHOOL LOVETT STREET |
| 21 Jun 2022 | £88,754 | £87,500 | 69 BARCROFT STREET |
| 3 May 2022 | £76,440 | £75,000 | 4 LOVETT STREET |
| 10 Dec 2021 | £81,425 | £76,000 | 43 BARCROFT STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Nov 2018. Using an estimated price of £87,442 means this house is valued at £920 per sq meter (£85 per sq foot).
The average size of a house on LOVETT STREET is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Tiverton Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tiverton Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tiverton Street |
| Mar 2024 | Drugs | Under investigation | On or near Tiverton Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tiverton Street |