£61,617
This estimated value is based upon the latest sale price for the house of £27,000 on 1 Sep 2003. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £27,000 | 1 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 September 2003 the House Price Index for NORTH EAST LINCOLNSHIRE was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £27,000 results in an estimated price of approximately £61,617.
| 1 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £27,000 | £34,617 | £61,617 |
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 | 79.227 % | £21,391 | £48,391 |
| 3 Month Average | 80.874 % | £21,835 | £48,835 |
| 6 Month Average | 121.680 % | £32,853 | £59,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2022 | £66,198 | £67,000 | 41 FRASER STREET |
| 26 Jul 2022 | £71,693 | £71,500 | 60 FRASER STREET |
| 15 Jun 2022 | £50,717 | £50,000 | 121 CONVAMORE ROAD |
| 26 Apr 2022 | £30,894 | £30,000 | REAR OF 10 FRASER STREET |
| 30 Nov 2021 | £73,002 | £67,500 | 39 BULLER STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Mar 2016. Using an estimated price of £61,618 means this house is valued at £655 per sq meter (£60 per sq foot).
The average size of a house on FRASER STREET is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fraser Street |
| Mar 2024 | Anti-social behaviour | On or near Cavendish Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsgate Mews |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Mews |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Kingsgate Mews |