£405,220
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Jul 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £350,000 | 15 Jul 2021 |
| £237,000 | 6 Jul 2016 |
| £89,500 | 4 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2021 the House Price Index for WREKIN was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £350,000 results in an estimated price of approximately £405,220.
| 15 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £350,000 | £55,220 | £405,220 |
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 | -16.588 % | £-58,056 | £291,943 |
| 3 Month Average | 13.536 % | £47,374 | £397,374 |
| 6 Month Average | 1.493 % | £5,224 | £355,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £270,000 | £270,000 | 1 MILL FARM DRIVE |
| 25 Mar 2024 | £286,908 | £282,500 | 1 PURTON WOOD VIEW |
| 5 Dec 2023 | £170,231 | £165,000 | 189 BRANDS FARM WAY |
| 5 Oct 2023 | £296,740 | £290,000 | 10 MILL FARM DRIVE |
| 4 Aug 2023 | £152,704 | £149,950 | 154 BRANDS FARM WAY |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 18 Mar 2016. Using an estimated price of £405,220 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on CLOWES DRIVE is 134 sq meters (1,449 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Clowes Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Clowes Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Clowes Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Clowes Drive |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Brands Farm Way |