£68,416
This estimated value is based upon the latest sale price for the house of £55,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 22 Jun 2018 |
| £25,000 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 June 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £55,000 results in an estimated price of approximately £68,416.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £55,000 | £13,416 | £68,416 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | 39.996 % | £21,997 | £76,997 |
| 3 Month Average | 29.771 % | £16,373 | £71,373 |
| 6 Month Average | 16.875 % | £9,281 | £64,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £53,686 | £53,000 | 96 BOULEVARD AVENUE |
| 25 Jul 2023 | £64,873 | £64,000 | 40 JAMES STREET |
| 13 Jul 2023 | £64,873 | £64,000 | 32 JOSEPH STREET |
| 18 Apr 2023 | £60,653 | £60,000 | 180 LORD STREET |
| 31 Mar 2023 | £72,180 | £71,500 | 5 JOSEPH STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Aug 2015. Using an estimated price of £68,417 means this house is valued at £834 per sq meter (£77 per sq foot).
The average size of a house on JOSEPH STREET is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph Street |
| Mar 2024 | Anti-social behaviour | On or near Joseph Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Joseph Street |
| Mar 2024 | Anti-social behaviour | On or near Joseph Street |