£160,074
This estimated value is based upon the latest sale price for the house of £122,500 on 16 Jan 2017. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £122,500 | 16 Jan 2017 |
| £90,000 | 28 May 2010 |
| £90,000 | 28 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2017 the House Price Index for NORTH EAST LINCOLNSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £122,500 results in an estimated price of approximately £160,074.
| 16 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £122,500 | £37,574 | £160,074 |
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 | 36.774 % | £45,048 | £167,548 |
| 3 Month Average | 7.472 % | £9,153 | £131,653 |
| 6 Month Average | 26.529 % | £32,497 | £154,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £105,563 | £104,000 | 12 SAMUEL AVENUE |
| 25 Sep 2023 | £131,684 | £130,000 | 22 COLIN AVENUE |
| 14 Jun 2023 | £124,508 | £123,000 | 4 SAMUEL AVENUE |
| 17 Mar 2023 | £166,569 | £165,000 | 62 COLIN AVENUE |
| 30 Jan 2023 | £134,367 | £135,000 | 16 COLIN AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Nov 2016. Using an estimated price of £160,074 means this house is valued at £2,192 per sq meter (£203 per sq foot).
The average size of a house on SAMUEL AVENUE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Under investigation | On or near Cartledge Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cartledge Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cartledge Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Colin Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Colin Avenue |