1 WULFGEAT LANE

£187,743

Full Address

1 WULFGEAT LANE
TELFORD
WREKIN
UNITED KINGDOM
TF3 5GU

Estimated Market Value

£187,743

This estimated value is based upon the latest sale price for the house of £124,950 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for WREKIN 1

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Transactions for this house
Price PaidDate
£124,95012 Dec 2014
House Details
Terraced
Freehold
Floor Area: 50 sq meters or 538 sq feet

House Price Models

Land Registry House Price Index Model

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 December 2014 the House Price Index for WREKIN was 99.6.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.

Applying this 50.255% change to the original purchase price of £124,950 results in an estimated price of approximately £187,743.

12 Dec 2014 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
99.6 149.7 50.255 % £124,950 £62,793 £187,743

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 10.982 % £13,722 £138,672
3 Month Average 49.154 % £61,418 £186,368
6 Month Average 29.637 % £37,032 £161,982
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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