£996,866
This estimated value is based upon the latest sale price for the house of £166,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £166,000 | 27 Oct 2023 |
| £121,950 | 12 Feb 2004 |
| £54,950 | 4 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 October 2023 the House Price Index for NORTH EAST LINCOLNSHIRE was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £166,000 results in an estimated price of approximately £996,866.
| 27 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £166,000 | £830,866 | £996,866 |
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 | 85.043 % | £141,170 | £307,170 |
| 3 Month Average | 15.586 % | £25,872 | £191,872 |
| 6 Month Average | -4.002 % | £-6,643 | £159,356 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 5 Jun 2013.
The average size of a house on MALMESBURY DRIVE is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near College Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near College Street |
| Feb 2024 | Anti-social behaviour | On or near College Street | |
| Feb 2024 | Anti-social behaviour | On or near College Street | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near College Street |