£455,046
This estimated value is based upon the latest sale price for the house of £392,500 on 26 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £392,500 | 26 Nov 2020 |
| £277,450 | 4 Sep 2015 |
| £205,000 | 28 Jul 2003 |
| £89,950 | 23 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £392,500 results in an estimated price of approximately £455,046.
| 26 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £392,500 | £62,546 | £455,046 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 1.356 % | £5,322 | £397,822 |
| 3 Month Average | 7.797 % | £30,602 | £423,102 |
| 6 Month Average | 5.875 % | £23,058 | £415,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £121,803 | £120,000 | 153 NIGHTINGALE CRESCENT |
| 22 Nov 2023 | £86,277 | £85,000 | 41 MEADOWLAKE CLOSE |
| 15 Sep 2023 | £180,305 | £178,000 | 6 PLOVER GROVE |
| 7 Sep 2023 | £197,526 | £195,000 | 7 MEADOWLAKE CLOSE |
| 31 Jul 2023 | £197,660 | £195,000 | 24 MEADOWLAKE CLOSE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 10 Sep 2020. Using an estimated price of £455,046 means this house is valued at £2,370 per sq meter (£220 per sq foot).
The average size of a house on MALLARD CLOSE is 136 sq meters (1,473 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Meadowlake Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lake Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lake Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lake Crescent |
| Feb 2024 | Anti-social behaviour | On or near Meadow Lake Crescent |