£242,203
This estimated value is based upon the latest sale price for the house of £200,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 26 Jun 2020 |
| Semi-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 June 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £200,000 results in an estimated price of approximately £242,203.
| 26 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £200,000 | £42,203 | £242,203 |
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 | 306.938 % | £613,875 | £813,875 |
| 3 Month Average | 28.448 % | £56,895 | £256,895 |
| 6 Month Average | 14.077 % | £28,154 | £228,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £463,741 | £457,500 | HILL CREST HOUSE MAIN ROAD |
| 3 Mar 2023 | £757,133 | £750,000 | THE LAURELS MAIN ROAD |
| 6 Feb 2023 | £369,751 | £370,000 | FLINTHILLS MAIN ROAD |
| 6 May 2022 | £463,738 | £455,000 | ELMLEY MAIN ROAD |
| 19 Nov 2021 | £410,975 | £380,000 | WELLOW HOUSE MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |