£328,399
This estimated value is based upon the latest sale price for the house of £298,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
There has been one burglary within the last year on or near Merridale Crescent
More crime details
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| Price Paid | Date |
|---|---|
| £298,000 | 1 Oct 2021 |
| £88,000 | 2 Dec 1999 |
| Detached |
| Freehold |
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 October 2021 the House Price Index for WREKIN was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £298,000 results in an estimated price of approximately £328,399.
| 1 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £298,000 | £30,399 | £328,399 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 10.617 % | £31,640 | £329,640 |
| 3 Month Average | 23.127 % | £68,918 | £366,918 |
| 6 Month Average | 13.566 % | £40,426 | £338,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £496,644 | £500,000 | 1A LEEGOMERY ROAD |
| 30 May 2022 | £266,207 | £262,250 | 16 ALBERT ROAD |
| 19 Jan 2022 | £361,562 | £344,950 | 31 LEEGOMERY ROAD |
| 16 Dec 2021 | £597,549 | £560,000 | 19 LEEGOMERY ROAD |
| 1 Oct 2021 | £328,399 | £298,000 | 1 MERRIDALE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Merridale Crescent |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Merridale Crescent |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Merridale Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roslyn Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roslyn Road |