£126,288
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 14 Jan 2022 |
| £115,000 | 22 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £120,000 results in an estimated price of approximately £126,288.
| 14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £120,000 | £6,288 | £126,288 |
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 | 115.463 % | £138,556 | £258,556 |
| 3 Month Average | 18.040 % | £21,647 | £141,647 |
| 6 Month Average | -3.827 % | £-4,591 | £115,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £121,637 | £120,000 | 38A MONKS ROAD |
| 8 Jun 2023 | £113,373 | £112,000 | 7 MONTAGUE TERRACE |
| 25 Apr 2023 | £121,306 | £120,000 | 37 MONKS ROAD |
| 14 Feb 2023 | £814,267 | £814,815 | 9A MONKS ROAD |
| 14 Oct 2022 | £194,169 | £196,260 | 23 LINDUM ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 14 Oct 2021. Using an estimated price of £126,289 means this house is valued at £770 per sq meter (£71 per sq foot).
The average size of a house on MONKS ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spa Buildings |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spa Buildings |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spa Buildings |