£230,697
This estimated value is based upon the latest sale price for the house of £172,000 on 17 Aug 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£172,000 | 17 Aug 2016 |
£165,000 | 19 Sep 2013 |
£64,000 | 2 Dec 1998 |
Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 August 2016 the House Price Index for WREKIN was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £172,000 results in an estimated price of approximately £230,697.
17 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £172,000 | £58,697 | £230,697 |
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 | 88.635 % | £152,452 | £324,452 |
3 Month Average | 31.256 % | £53,759 | £225,759 |
6 Month Average | 23.460 % | £40,351 | £212,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £237,059 | £235,000 | 25 VISCOUNT AVENUE |
9 Nov 2023 | £56,432 | £55,000 | 33 WILLOW BANK |
29 Aug 2023 | £203,673 | £200,000 | 20 VISCOUNT AVENUE |
30 Jun 2023 | £180,620 | £177,000 | 22 VISCOUNT AVENUE |
3 Mar 2023 | £180,006 | £177,000 | 65 GITTENS DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 13 May 2016. Using an estimated price of £230,697 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on GITTENS DRIVE is 70 sq meters (760 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Walnut Close | |
Jun 2024 | Anti-social behaviour | On or near Walnut Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near A4169 |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4169 |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A4169 |