£197,885
This estimated value is based upon the latest sale price for the house of £107,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£107,000 | 8 May 2009 |
Semi-Detached |
Freehold |
Floor Area: 45 sq meters or 491 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 2009 the House Price Index for WREKIN was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £107,000 results in an estimated price of approximately £197,885.
8 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.940 % | £107,000 | £90,885 | £197,885 |
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 | 45.847 % | £49,056 | £156,056 |
3 Month Average | 113.082 % | £120,997 | £227,997 |
6 Month Average | 85.963 % | £91,980 | £198,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £375,560 | £370,000 | 36 GLADE WAY |
25 Sep 2023 | £253,238 | £250,000 | 37 GLADE WAY |
28 Apr 2023 | £363,918 | £360,000 | 8 FOREST CLOSE |
24 Feb 2023 | £194,869 | £195,000 | 25 ARROW ROAD |
25 Nov 2022 | £197,606 | £200,000 | 4 ARROW ROAD |
This house has a floor area of 45 sq meters or 491 sq feet when measured on 3 Feb 2009. Using an estimated price of £197,886 means this house is valued at £4,330 per sq meter (£402 per sq foot).
The average size of a house on FOREST CLOSE is 88 sq meters (954 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (491 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Sherwood Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
Feb 2024 | Possession of weapons | Local resolution | On or near Glade Way |