£291,625
This estimated value is based upon the latest sale price for the house of £212,500 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£212,500 | 8 Jan 2016 |
£148,000 | 12 May 2005 |
£42,500 | 27 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 sq feet |
This model uses changes in the Official Land Registry House Price Index for WREKIN to estimate the market value.
When this house was purchased in January 2016 the House Price Index for WREKIN was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £212,500 results in an estimated price of approximately £291,625.
8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £212,500 | £79,125 | £291,625 |
The Postcode Pricing Model uses changes in average sales price within the TF10 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 | -43.322 % | £-92,059 | £120,440 |
3 Month Average | 27.315 % | £58,044 | £270,544 |
6 Month Average | 23.186 % | £49,270 | £261,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £235,000 | £235,000 | 14 ELLESMERE COURT |
8 Sep 2023 | £207,655 | £205,000 | 18 WELLINGTON ROAD |
10 Jul 2023 | £268,615 | £265,000 | 19 GRANVILLE ROAD |
10 Feb 2023 | £299,798 | £300,000 | 4 ELLESMERE COURT |
3 Oct 2022 | £217,656 | £220,000 | CAER HAYS COTTAGE, 24 WELLINGTON ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 12 Aug 2015. Using an estimated price of £291,625 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on WELLINGTON ROAD is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wenlock Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wenlock Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upper Bar |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Upper Bar |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Bar |