£71,004
This estimated value is based upon the latest sale price for the house of £57,900 on 10 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £57,900 | 10 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £57,900 results in an estimated price of approximately £71,004.
| 10 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £57,900 | £13,104 | £71,004 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | -8.098 % | £-4,688 | £53,211 |
| 3 Month Average | -2.793 % | £-1,617 | £56,282 |
| 6 Month Average | 18.443 % | £10,678 | £68,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £60,653 | £60,000 | 52A AINSLIE STREET |
| 3 May 2022 | £118,228 | £116,000 | 51 AINSLIE STREET |
| 22 Oct 2021 | £99,528 | £89,950 | 5 OLD MILL COURT |
| 23 Aug 2021 | £61,359 | £55,000 | 59 AINSLIE STREET |
| 18 Aug 2021 | £105,983 | £95,000 | 9 OLD MILL COURT |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 Aug 2019. Using an estimated price of £71,004 means this house is valued at £651 per sq meter (£60 per sq foot).
The average size of a house on AINSLIE STREET is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ainslie Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Ainslie Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ainslie Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ainslie Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ainslie Street |