£197,769
This estimated value is based upon the latest sale price for the house of £75,000 on 18 Oct 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 18 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in October 2002 the House Price Index for LINCOLNSHIRE was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £75,000 results in an estimated price of approximately £197,769.
| 18 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £75,000 | £122,769 | £197,769 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 107.831 % | £80,873 | £155,873 |
| 3 Month Average | 151.282 % | £113,461 | £188,461 |
| 6 Month Average | 161.074 % | £120,805 | £195,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £85,957 | £84,800 | 327 MONKS ROAD |
| 21 Apr 2023 | £121,256 | £119,950 | 12 MCINNES STREET |
| 30 Mar 2023 | £121,141 | £120,000 | 5 DORSET STREET |
| 9 Sep 2022 | £117,055 | £118,000 | 11 HARTLEY STREET |
| 17 Feb 2022 | £136,330 | £130,000 | 11 MCINNES STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 29 Nov 2014. Using an estimated price of £197,770 means this house is valued at £1,521 per sq meter (£141 per sq foot).
The average size of a house on MONKS ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mcinnes Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kent Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kent Street |
| Mar 2024 | Bicycle theft | Under investigation | On or near Hillside Approach |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside Approach |