£98,818
This estimated value is based upon the latest sale price for the house of £75,000 on 22 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 22 Nov 2016 |
| 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 2016 the House Price Index for NORTH EAST LINCOLNSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £75,000 results in an estimated price of approximately £98,818.
| 22 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £75,000 | £23,818 | £98,818 |
The Postcode Pricing Model uses changes in average sales price within the DN41 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 | 50.439 % | £37,829 | £112,829 |
| 3 Month Average | 80.945 % | £60,708 | £135,708 |
| 6 Month Average | 41.504 % | £31,127 | £106,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2022 | £212,427 | £215,000 | 23 POPLAR ROAD |
| 8 Sep 2022 | £213,278 | £215,000 | 46 STATION ROAD |
| 22 Jul 2022 | £172,966 | £172,500 | 14 POPLAR ROAD |
| 17 Jun 2022 | £226,197 | £223,000 | 13 WESTWOOD ROAD |
| 19 May 2022 | £149,823 | £147,000 | LILAC COTTAGE ROWAN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rowan Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Primrose Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rookery Road |
| Feb 2024 | Burglary | Under investigation | On or near Rookery Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Radcliffe Road |