£135,554
This estimated value is based upon the latest sale price for the house of £110,000 on 18 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 18 Oct 2018 |
| £112,000 | 20 Jan 2012 |
| £70,000 | 9 Jun 2004 |
| £45,000 | 17 Aug 2000 |
| £17,000 | 12 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £110,000 results in an estimated price of approximately £135,554.
| 18 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £110,000 | £25,554 | £135,554 |
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 | -1.372 % | £-1,509 | £108,490 |
| 3 Month Average | 9.102 % | £10,012 | £120,012 |
| 6 Month Average | 12.847 % | £14,131 | £124,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £435,866 | £430,000 | 30 FRIARS LANE |
| 25 Apr 2023 | £121,306 | £120,000 | 37 MONKS ROAD |
| 14 Feb 2023 | £814,267 | £814,815 | 9A MONKS ROAD |
| 27 May 2022 | £213,982 | £209,950 | 38 FRIARS LANE |
| 14 Jan 2022 | £126,289 | £120,000 | 43 MONKS ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 Mar 2020. Using an estimated price of £135,554 means this house is valued at £1,303 per sq meter (£121 per sq foot).
The average size of a house on ROSEMARY LANE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spa Buildings |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spa Buildings |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spa Buildings |
| Jan 2024 | Public order | Awaiting court outcome | On or near Rosemary Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosemary Lane |