£51,020
This estimated value is based upon the latest sale price for the house of £33,000 on 21 May 2014. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £33,000 | 21 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2014 the House Price Index for NORTH EAST LINCOLNSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £33,000 results in an estimated price of approximately £51,020.
| 21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £33,000 | £18,020 | £51,020 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | -4.876 % | £-1,609 | £31,390 |
| 3 Month Average | -4.698 % | £-1,550 | £31,449 |
| 6 Month Average | 15.514 % | £5,119 | £38,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £81,202 | £80,000 | 95 HENEAGE ROAD |
| 9 Nov 2023 | £45,676 | £45,000 | 63 HENEAGE ROAD |
| 17 Aug 2023 | £81,715 | £81,000 | 2 - 4 EDWARD STREET |
| 16 Aug 2023 | £68,600 | £68,000 | 19 EDWARD STREET |
| 10 Mar 2023 | £80,761 | £80,000 | 67 HENEAGE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Apr 2014. Using an estimated price of £51,021 means this house is valued at £560 per sq meter (£52 per sq foot).
The average size of a house on EDWARD STREET is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Feb 2024 | Other crime | Under investigation | On or near Edward Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |