£280,943
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £230,000 | 8 Nov 2019 |
| Detached |
| Freehold |
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 November 2019 the House Price Index for WREKIN was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £230,000 results in an estimated price of approximately £280,943.
| 8 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £230,000 | £50,943 | £280,943 |
The Postcode Pricing Model uses changes in average sales price within the TF2 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 | 78.313 % | £180,119 | £410,119 |
| 3 Month Average | 8.930 % | £20,539 | £250,539 |
| 6 Month Average | 22.236 % | £51,142 | £281,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £180,610 | £180,000 | 5 MILLERS WAY |
| 23 Nov 2023 | £405,202 | £400,000 | 106 MUXTON LANE |
| 9 Jun 2023 | £264,646 | £262,500 | 3 THE PADDOCK |
| 1 Aug 2022 | £188,725 | £190,000 | 1 MILLERS WAY |
| 23 Feb 2022 | £221,948 | £212,500 | 21 GRANVILLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laneside |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near The Stables |
| Mar 2024 | Anti-social behaviour | On or near Nelson Way | |
| Mar 2024 | Anti-social behaviour | On or near Nelson Way | |
| Feb 2024 | Other crime | Under investigation | On or near Nelson Way |