£152,118
This estimated value is based upon the latest sale price for the house of £124,000 on 13 Dec 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 |
---|---|
£124,000 | 13 Dec 2019 |
£93,750 | 2 Oct 2017 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 December 2019 the House Price Index for NORTH EAST LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £124,000 results in an estimated price of approximately £152,118.
13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £124,000 | £28,118 | £152,118 |
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 | 8.579 % | £10,637 | £134,637 |
3 Month Average | 1.016 % | £1,260 | £125,260 |
6 Month Average | 2.516 % | £3,120 | £127,120 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £135,274 | £134,000 | 4 INCHMERY ROAD |
3 Oct 2022 | £103,881 | £105,000 | 2 HOLLY MEWS |
10 Aug 2022 | £131,646 | £132,000 | 6 INCHMERY ROAD |
4 Aug 2022 | £159,570 | £160,000 | 154 YARBOROUGH ROAD |
11 Jul 2022 | £80,216 | £80,000 | 83 SPRING BANK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 21 Feb 2014. Using an estimated price of £152,119 means this house is valued at £1,810 per sq meter (£168 per sq foot).
The average size of a house on SORREL ROAD is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Inchmery Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Magnolia Street |
Feb 2024 | Anti-social behaviour | On or near Fern Court | |
Feb 2024 | Anti-social behaviour | On or near Fern Court | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Court |