£191,885
This estimated value is based upon the latest sale price for the house of £172,000 on 25 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£172,000 | 25 Aug 2021 |
£110,000 | 21 Dec 2016 |
£91,000 | 22 Jun 2005 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £172,000 results in an estimated price of approximately £191,885.
25 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £172,000 | £19,885 | £191,885 |
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 | -12.681 % | £-21,811 | £150,188 |
3 Month Average | -1.685 % | £-2,898 | £169,101 |
6 Month Average | -1.910 % | £-3,285 | £168,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £146,778 | £145,000 | 6 DEVON STREET |
9 Mar 2023 | £210,988 | £209,000 | 17 HILLSIDE AVENUE |
6 Feb 2023 | £166,888 | £167,000 | 48 HILLSIDE AVENUE |
12 Jan 2023 | £186,123 | £187,000 | 18 HILLSIDE AVENUE |
4 Jan 2023 | £149,297 | £150,000 | 335 MONKS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Oct 2016. Using an estimated price of £191,886 means this house is valued at £2,180 per sq meter (£202 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 | Under investigation | On or near Hillside Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Devon Street |
Jan 2024 | Burglary | Under investigation | On or near Devon Street |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Hillside Avenue |
Mar 2024 | Anti-social behaviour | On or near Jellicoe Avenue |