£188,345
This estimated value is based upon the latest sale price for the house of £190,000 on 12 Jan 2023. This value is then adjusted by the current Official House Price Index for WREXHAM 1
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| Price Paid | Date |
|---|---|
| £190,000 | 12 Jan 2023 |
| £122,000 | 4 Apr 2019 |
| £53,500 | 21 Feb 2001 |
| £39,000 | 22 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for WREXHAM to estimate the market value.
When this house was purchased in January 2023 the House Price Index for WREXHAM was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £190,000 results in an estimated price of approximately £188,345.
| 12 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £190,000 | £-1,654 | £188,345 |
The Postcode Pricing Model uses changes in average sales price within the LL12 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 | -20.175 % | £-38,332 | £151,667 |
| 3 Month Average | -2.326 % | £-4,420 | £185,579 |
| 6 Month Average | -18.125 % | £-34,437 | £155,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £217,053 | £215,000 | 8 SMITHY LANE |
| 28 Jun 2023 | £92,752 | £92,000 | 22 GLADWYN ROAD |
| 12 Jan 2023 | £206,189 | £208,000 | 24 SMITHY LANE |
| 12 Jan 2023 | £188,346 | £190,000 | 12 SMITHY LANE |
| 3 Jan 2023 | £178,433 | £180,000 | 11 FFORDD ALMER |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Jan 2019. Using an estimated price of £188,346 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on SMITHY LANE is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Smithy Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Smithy Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossett Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gladwyn Road |
| Mar 2024 | Anti-social behaviour | On or near Gladwyn Road |