£68,665
This estimated value is based upon the latest sale price for the house of £40,000 on 31 Aug 2006. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 31 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 620 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 August 2006 the House Price Index for NORTH LINCOLNSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £40,000 results in an estimated price of approximately £68,665.
| 31 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £40,000 | £28,665 | £68,665 |
The Postcode Pricing Model uses changes in average sales price within the DN18 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 | 27.797 % | £11,118 | £51,118 |
| 3 Month Average | 39.249 % | £15,699 | £55,699 |
| 6 Month Average | 49.198 % | £19,679 | £59,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £60,902 | £60,000 | 2 MILESTONE COURT |
| 7 Nov 2023 | £238,531 | £235,000 | 11 MARKET PLACE |
| 29 Sep 2023 | £151,943 | £150,000 | 10 MARKET PLACE |
| 30 Aug 2023 | £41,362 | £41,000 | 1 MILESTONE COURT |
| 28 Apr 2023 | £80,871 | £80,000 | 6 MILESTONE COURT |
This house has a floor area of 57 sq meters or 620 sq feet when measured on 18 Jul 2011. Using an estimated price of £68,665 means this house is valued at £1,192 per sq meter (£110 per sq foot).
There is one other house on the street which we know the size of, this is 2 MARKET PLACE it is 63.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near George Street |
| Feb 2024 | Shoplifting | Local resolution | On or near George Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near George Street |