£72,085
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
There has been one burglary within the last year on or near Derwent Road
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| Price Paid | Date |
|---|---|
| £70,000 | 14 Apr 2022 |
| £77,500 | 26 Sep 2017 |
| £91,000 | 19 Sep 2005 |
| £37,250 | 31 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in April 2022 the House Price Index for NORTH LINCOLNSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £70,000 results in an estimated price of approximately £72,085.
| 14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £70,000 | £2,085 | £72,085 |
The Postcode Pricing Model uses changes in average sales price within the DN16 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 | -4.448 % | £-3,113 | £66,886 |
| 3 Month Average | -3.174 % | £-2,221 | £67,778 |
| 6 Month Average | 2.534 % | £1,773 | £71,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £62,086 | £61,250 | 10 VILLE ROAD |
| 26 Apr 2023 | £110,186 | £109,000 | 11 LEVEN ROAD |
| 24 Mar 2023 | £166,569 | £165,000 | 2 ST CATHERINES MEWS |
| 9 Mar 2023 | £201,902 | £200,000 | 38 VILLE ROAD |
| 4 Jan 2023 | £86,094 | £86,500 | 248 QUEENSWAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Feb 2014. Using an estimated price of £72,086 means this house is valued at £720 per sq meter (£66 per sq foot).
The average size of a house on DERWENT ROAD is 92 sq meters (991 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Derwent Road | |
| Dec 2023 | Burglary | Under investigation | On or near Derwent Road |
| Dec 2023 | Anti-social behaviour | On or near Derwent Road | |
| Dec 2023 | Anti-social behaviour | On or near Derwent Road | |
| Dec 2023 | Anti-social behaviour | On or near Derwent Road |