£291,589
This estimated value is based upon the latest sale price for the house of £141,300 on 29 Mar 2004. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £141,300 | 29 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 March 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 71.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 106.362%.Applying this 106.362% change to the original purchase price of £141,300 results in an estimated price of approximately £291,589.
| 29 Mar 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 146.7 | 106.362 % | £141,300 | £150,289 | £291,589 |
The Postcode Pricing Model uses changes in average sales price within the DN35 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 | 71.240 % | £100,661 | £241,961 |
| 3 Month Average | 79.466 % | £112,285 | £253,585 |
| 6 Month Average | 87.190 % | £123,199 | £264,499 |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 9 Jan 2013.
The average size of a house on PARK LANE is 207 sq meters (2,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Park Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow View |
| Dec 2023 | Other crime | Under investigation | On or near Marlborough Way |