£498,834
This estimated value is based upon the latest sale price for the house of £265,000 on 22 Nov 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 |
|---|---|
| £265,000 | 22 Nov 2004 |
| Detached |
| Freehold |
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 November 2004 the House Price Index for NORTH EAST LINCOLNSHIRE was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £265,000 results in an estimated price of approximately £498,834.
| 22 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £265,000 | £233,834 | £498,834 |
The Postcode Pricing Model uses changes in average sales price within the DN37 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 | 120.072 % | £318,190 | £583,190 |
| 3 Month Average | 60.591 % | £160,566 | £425,566 |
| 6 Month Average | 50.038 % | £132,600 | £397,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £224,875 | £222,000 | 19 GREENWAY |
| 28 Jul 2023 | £304,093 | £300,000 | 15 GROVE LANE |
| 24 Feb 2023 | £442,202 | £442,500 | GROVE NURSERIES GROVE LANE |
| 17 Jun 2022 | £281,478 | £277,500 | 19 GROVE LANE |
| 29 Apr 2022 | £289,374 | £281,000 | 13 ELM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tannery Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tannery Close |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Church Lane |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Church Lane |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near All Saints Close |