£294,833
This estimated value is based upon the latest sale price for the house of £255,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Willoughby Chase
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| Price Paid | Date |
|---|---|
| £255,000 | 4 Dec 2020 |
| £172,250 | 25 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,243 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 December 2020 the House Price Index for LINCOLNSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £255,000 results in an estimated price of approximately £294,833.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £255,000 | £39,833 | £294,833 |
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 | 32.835 % | £83,728 | £338,728 |
| 3 Month Average | 3.335 % | £8,503 | £263,503 |
| 6 Month Average | -2.818 % | £-7,186 | £247,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £138,200 | £137,000 | PLOT 22 WILLOUGHBY CHASE |
| 20 Oct 2023 | £148,370 | £145,000 | 6 SANDHALL |
| 26 Apr 2023 | £280,242 | £275,000 | 2 WILLOUGHBY CHASE |
| 10 Feb 2023 | £161,076 | £160,000 | 18 WILLOUGHBY CHASE |
| 30 Nov 2022 | £572,324 | £575,000 | 4 FOXBY WARREN |
This house has a floor area of 115 sq meters or 1,243 sq feet when measured on 5 May 2010. Using an estimated price of £294,833 means this house is valued at £2,551 per sq meter (£237 per sq foot).
The average size of a house on WILLOUGHBY CHASE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Willoughby Chase |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Meldrum Drive |