£197,636
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
There has been one burglary within the last year on or near Valley View Drive
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| Price Paid | Date |
|---|---|
| £150,000 | 25 Nov 2016 |
| £153,000 | 3 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for NORTH LINCOLNSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £150,000 results in an estimated price of approximately £197,636.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £150,000 | £47,636 | £197,636 |
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 | 47.023 % | £70,534 | £220,534 |
| 3 Month Average | 25.478 % | £38,217 | £188,217 |
| 6 Month Average | 32.815 % | £49,222 | £199,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £171,450 | £169,950 | 17 RIBSTON CLOSE |
| 6 Jan 2023 | £174,180 | £175,000 | 38 VALLEY VIEW DRIVE |
| 29 Jun 2022 | £167,365 | £165,000 | 67 VALLEY VIEW DRIVE |
| 17 Jun 2022 | £162,294 | £160,000 | 3 RIBSTON CLOSE |
| 29 Apr 2022 | £247,152 | £240,000 | 10 HOLSTEIN DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Aug 2016. Using an estimated price of £197,636 means this house is valued at £2,707 per sq meter (£251 per sq foot).
The average size of a house on RIBSTON CLOSE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Valley View Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Talisman Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hales Close |
| Mar 2024 | Burglary | Under investigation | On or near Tydeman Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tydeman Close |