£126,432
This estimated value is based upon the latest sale price for the house of £105,000 on 6 Jan 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 |
|---|---|
| £105,000 | 6 Jan 2020 |
| £114,000 | 19 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £105,000 results in an estimated price of approximately £126,432.
| 6 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £105,000 | £21,432 | £126,432 |
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 | 15.201 % | £15,960 | £120,960 |
| 3 Month Average | 1.335 % | £1,401 | £106,401 |
| 6 Month Average | 0.635 % | £667 | £105,667 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Oct 2019.
The average size of a house on CHELMSFORD AVENUE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastern Inway |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastern Inway |