£256,191
This estimated value is based upon the latest sale price for the house of £239,950 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £239,950 | 12 Nov 2021 |
| £175,000 | 30 Apr 2015 |
| £159,000 | 25 Feb 2010 |
| £46,000 | 26 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £239,950 results in an estimated price of approximately £256,191.
| 12 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £239,950 | £16,241 | £256,191 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 49.443 % | £118,638 | £358,588 |
| 3 Month Average | 2.860 % | £6,861 | £246,811 |
| 6 Month Average | 2.652 % | £6,364 | £246,314 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Jul 2020.
The average size of a house on MEADOW CLOSE is 111 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meadow Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Adrian Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Adrian Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adrian Close |
| Mar 2024 | Other crime | Under investigation | On or near Marjorie Lane |