£265,347
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Jun 2020. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £220,000 | 1 Jun 2020 |
| £177,500 | 26 Nov 2015 |
| £126,500 | 5 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2020 the House Price Index for WREKIN was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £220,000 results in an estimated price of approximately £265,347.
| 1 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £220,000 | £45,347 | £265,347 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 51.716 % | £113,775 | £333,775 |
| 3 Month Average | 38.949 % | £85,687 | £305,687 |
| 6 Month Average | 23.843 % | £52,455 | £272,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £260,881 | £260,000 | 27 WENTWORTH DRIVE |
| 28 Nov 2023 | £192,471 | £190,000 | 18 SHUTFIELD ROAD |
| 28 Nov 2023 | £172,211 | £170,000 | 9 SCEPTRE CLOSE |
| 30 Aug 2023 | £309,884 | £308,000 | 122 MAJESTIC WAY |
| 2 Aug 2023 | £201,224 | £200,000 | 35 SHUTFIELD ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 1 May 2020. Using an estimated price of £265,348 means this house is valued at £2,369 per sq meter (£220 per sq foot).
The average size of a house on MAJESTIC WAY is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broadstone Mews |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broadstone Mews |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Broadstone Mews |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garbett Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Widewaters Close |