£200,810
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Jul 2013. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Jul 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 July 2013 the House Price Index for WREKIN was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £120,000 results in an estimated price of approximately £200,810.
| 29 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £120,000 | £80,810 | £200,810 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | 33.703 % | £40,443 | £160,443 |
| 3 Month Average | 44.695 % | £53,633 | £173,633 |
| 6 Month Average | 28.608 % | £34,329 | £154,329 |