£133,822
This estimated value is based upon the latest sale price for the house of £100,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 30 Sep 2016 |
| £112,500 | 17 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 709 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 September 2016 the House Price Index for LINCOLNSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £100,000 results in an estimated price of approximately £133,822.
| 30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £100,000 | £33,822 | £133,822 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 37.391 % | £37,390 | £137,390 |
| 3 Month Average | 26.223 % | £26,223 | £126,223 |
| 6 Month Average | 19.180 % | £19,179 | £119,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £138,200 | £137,000 | PLOT 22 WILLOUGHBY CHASE |
| 26 Apr 2023 | £280,242 | £275,000 | 2 WILLOUGHBY CHASE |
| 10 Feb 2023 | £161,076 | £160,000 | 18 WILLOUGHBY CHASE |
| 4 Nov 2022 | £168,213 | £169,000 | 59 WILLOUGHBY CHASE |
| 10 Dec 2021 | £145,707 | £135,000 | 24 MELDRUM DRIVE |
This house has a floor area of 65 sq meters or 709 sq feet when measured on 6 Feb 2010. Using an estimated price of £133,822 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on MELDRUM DRIVE is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Meldrum Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Meldrum Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Meldrum Drive |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Meldrum Drive |
| May 2024 | Public order | Awaiting court outcome | On or near Parking Area |