£260,738
This estimated value is based upon the latest sale price for the house of £152,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£152,000 | 14 Jan 2011 |
£78,750 | 20 Jul 2001 |
Detached |
Freehold |
Floor Area: 78 sq meters or 848 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 January 2011 the House Price Index for NORTH EAST LINCOLNSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £152,000 results in an estimated price of approximately £260,738.
14 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £152,000 | £108,738 | £260,738 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | 147.515 % | £224,222 | £376,222 |
3 Month Average | 46.641 % | £70,894 | £222,894 |
6 Month Average | 30.940 % | £47,028 | £199,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £185,244 | £183,000 | 37 FAULDING WAY |
2 Jun 2023 | £183,219 | £181,000 | 129 FAULDING WAY |
31 Mar 2023 | £236,226 | £234,000 | 20 CORMORANT DRIVE |
10 Feb 2023 | £159,892 | £160,000 | 6 CORMORANT DRIVE |
1 Nov 2022 | £72,126 | £73,000 | 115 FAULDING WAY |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 27 Jan 2012. Using an estimated price of £260,739 means this house is valued at £3,306 per sq meter (£307 per sq foot).
The average size of a house on CORMORANT DRIVE is 102 sq meters (1,105 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aylesby Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faulding Way |
Mar 2024 | Anti-social behaviour | On or near Faulding Way | |
Dec 2023 | Other crime | Local resolution | On or near Gedney Close |
Mar 2024 | Burglary | Awaiting court outcome | On or near Candlesby Road |