£104,291
This estimated value is based upon the latest sale price for the house of £85,000 on 11 Sep 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 |
|---|---|
| £85,000 | 11 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 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 22.696%.Applying this 22.696% change to the original purchase price of £85,000 results in an estimated price of approximately £104,291.
| 11 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £85,000 | £19,291 | £104,291 |
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 | -33.206 % | £-28,224 | £56,775 |
| 3 Month Average | -2.277 % | £-1,935 | £83,064 |
| 6 Month Average | 11.032 % | £9,377 | £94,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £93,698 | £92,500 | 217 WELLINGTON STREET |
| 5 Jul 2023 | £56,764 | £56,000 | 222 WELLINGTON STREET |
| 17 Mar 2023 | £75,713 | £75,000 | 188 WELLINGTON STREET |
| 3 Mar 2023 | £65,618 | £65,000 | 211 WELLINGTON STREET |
| 28 Nov 2022 | £66,198 | £67,000 | 41 FRASER STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Sep 2018. Using an estimated price of £104,292 means this house is valued at £1,337 per sq meter (£124 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Mews |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Heritage Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Mews |
| Feb 2024 | Shoplifting | Under investigation | On or near Heritage Mews |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heritage Mews |