£983,521
This estimated value is based upon the latest sale price for the house of £950,000 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There have been two burglaries within the last year on or near Meadcrest Wood
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| Price Paid | Date |
|---|---|
| £950,000 | 1 Feb 2022 |
| £500,000 | 10 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in February 2022 the House Price Index for HAMPSHIRE was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £950,000 results in an estimated price of approximately £983,521.
| 1 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £950,000 | £33,521 | £983,521 |
The Postcode Pricing Model uses changes in average sales price within the SO42 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 | -19.929 % | £-189,324 | £760,675 |
| 3 Month Average | 4.409 % | £41,885 | £991,885 |
| 6 Month Average | 8.537 % | £81,104 | £1,031,104 |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 30 Sep 2021.
The average size of a house on NEW FOREST DRIVE is 176 sq meters (1,905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meadcrest Wood |
| Nov 2023 | Possession of weapons | Investigation complete; no suspect identified | On or near Meadcrest Wood |
| Nov 2023 | Burglary | Investigation complete; no suspect identified | On or near Meadcrest Wood |
| Nov 2023 | Burglary | Investigation complete; no suspect identified | On or near Meadcrest Wood |
| Jan 2024 | Burglary | Under investigation | On or near The Coppice |