£47,780
This estimated value is based upon the latest sale price for the house of £35,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £35,000 | 5 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 February 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £35,000 results in an estimated price of approximately £47,780.
| 5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £35,000 | £12,780 | £47,780 |
The Postcode Pricing Model uses changes in average sales price within the DN31 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 | -26.146 % | £-9,151 | £25,848 |
| 3 Month Average | 4.680 % | £1,638 | £36,638 |
| 6 Month Average | 19.476 % | £6,816 | £41,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £50,701 | £49,950 | 54 GUILDFORD STREET |
| 28 Sep 2023 | £81,036 | £80,000 | 170 CLEETHORPE ROAD |
| 2 Jun 2023 | £35,429 | £35,000 | FLAT 2 HOPE HOUSE HOPE STREET |
| 10 Mar 2023 | £60,571 | £60,000 | J S MOTORS HOPE STREET |
| 1 Mar 2023 | £302,853 | £300,000 | 8 RIBY STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 12 Sep 2018. Using an estimated price of £47,780 means this house is valued at £758 per sq meter (£70 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Bath Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bath Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bath Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bath Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Bath Street |