£103,558
This estimated value is based upon the latest sale price for the house of £35,995 on 17 May 2002. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
There has been one burglary within the last year on or near Malcolm Road
More crime details
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| Price Paid | Date |
|---|---|
| £35,995 | 17 May 2002 |
| £23,500 | 25 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2002 the House Price Index for NORTH EAST LINCOLNSHIRE was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £35,995 results in an estimated price of approximately £103,558.
| 17 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 146.7 | 187.701 % | £35,995 | £67,563 | £103,558 |
The Postcode Pricing Model uses changes in average sales price within the DN34 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 | 220.260 % | £79,282 | £115,277 |
| 3 Month Average | 166.588 % | £59,963 | £95,958 |
| 6 Month Average | 161.495 % | £58,130 | £94,125 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Aug 2014.
The average size of a house on WELBECK PLACE is 84 sq meters (909 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Malcolm Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Malcolm Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Firbeck Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sherwood Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sherwood Road |