£50,809
This estimated value is based upon the latest sale price for the house of £41,000 on 12 Jul 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 |
|---|---|
| £41,000 | 12 Jul 2018 |
| £27,000 | 28 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2018 the House Price Index for NORTH EAST LINCOLNSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £41,000 results in an estimated price of approximately £50,809.
| 12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £41,000 | £9,809 | £50,809 |
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 | -1.317 % | £-539 | £40,460 |
| 3 Month Average | -19.595 % | £-8,033 | £32,966 |
| 6 Month Average | 12.892 % | £5,285 | £46,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £45,676 | £45,000 | 365 WEELSBY STREET |
| 31 Jul 2023 | £60,819 | £60,000 | 364 WEELSBY STREET |
| 14 Jul 2023 | £76,023 | £75,000 | 349 WEELSBY STREET |
| 30 Mar 2023 | £109,532 | £108,500 | 407 WEELSBY STREET |
| 25 Apr 2022 | £102,980 | £100,000 | 424 WEELSBY STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Jul 2016. Using an estimated price of £50,809 means this house is valued at £627 per sq meter (£58 per sq foot).
The average size of a house on WEELSBY STREET is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Julian Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Julian Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Julian Street |
| Mar 2024 | Other theft | Under investigation | On or near Julian Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Julian Street |