£222,027
This estimated value is based upon the latest sale price for the house of £150,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 2 Apr 2015 |
£150,000 | 4 Jun 2004 |
£63,000 | 23 May 1997 |
£59,995 | 5 Jul 1996 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2015 the House Price Index for NORTH LINCOLNSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £150,000 results in an estimated price of approximately £222,027.
2 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £150,000 | £72,027 | £222,027 |
The Postcode Pricing Model uses changes in average sales price within the DN20 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 | 1.818 % | £2,726 | £152,726 |
3 Month Average | 6.236 % | £9,353 | £159,353 |
6 Month Average | 31.706 % | £47,558 | £197,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £307,672 | £305,000 | 12 OAKFIELD CLOSE |
14 Sep 2023 | £296,537 | £290,000 | 2 CHURCHILL AVENUE |
4 Aug 2023 | £320,786 | £315,000 | 6 CHURCHILL AVENUE |
21 Mar 2023 | £255,263 | £251,000 | 9 OAKFIELD CLOSE |
29 Sep 2021 | £206,258 | £190,000 | 2 OAKFIELD CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 31 Jul 2009. Using an estimated price of £222,027 means this house is valued at £2,707 per sq meter (£251 per sq foot).
The average size of a house on OAKFIELD CLOSE is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Bigby High Road |
May 2024 | Other theft | Unable to prosecute suspect | On or near York Road |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King'S Avenue |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near King'S Avenue |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near King'S Avenue |