£233,784
This estimated value is based upon the latest sale price for the house of £159,000 on 5 May 2015. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £159,000 | 5 May 2015 |
| £144,000 | 24 Mar 2005 |
| £126,000 | 27 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2015 the House Price Index for WREKIN was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £159,000 results in an estimated price of approximately £233,784.
| 5 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £159,000 | £74,784 | £233,784 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 119.811 % | £190,500 | £349,500 |
| 3 Month Average | 46.549 % | £74,013 | £233,013 |
| 6 Month Average | 55.810 % | £88,737 | £247,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £159,384 | £158,000 | 9 HOPKINS HEATH |
| 19 Jan 2023 | £190,509 | £190,000 | 89 HOPKINS HEATH |
| 18 Nov 2022 | £189,116 | £190,000 | 29 HOPKINS HEATH |
| 16 Nov 2022 | £189,116 | £190,000 | 8 HOPKINS HEATH |
| 7 Dec 2021 | £356,172 | £330,000 | 18 BUTTS ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Nov 2014. Using an estimated price of £233,785 means this house is valued at £3,117 per sq meter (£289 per sq foot).
The average size of a house on HOPKINS HEATH is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopkins Heath |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopkins Heath |
| Sep 2024 | Public order | Under investigation | On or near Glade Way |
| Aug 2024 | Anti-social behaviour | On or near Glade Way | |
| Aug 2024 | Anti-social behaviour | On or near Glade Way |