£114,116
This estimated value is based upon the latest sale price for the house of £110,000 on 21 Apr 2022. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £110,000 | 21 Apr 2022 |
| £76,000 | 29 May 2015 |
| £77,000 | 19 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2022 the House Price Index for WREKIN was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £110,000 results in an estimated price of approximately £114,116.
| 21 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £110,000 | £4,116 | £114,116 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | 0.123 % | £135 | £110,135 |
| 3 Month Average | 19.755 % | £21,730 | £131,730 |
| 6 Month Average | -1.280 % | £-1,407 | £108,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £46,427 | £45,000 | 192 BURFORD |
| 29 Sep 2023 | £71,578 | £70,000 | 176 BURFORD |
| 30 Jun 2023 | £134,699 | £132,000 | 58 BURTONDALE |
| 9 Feb 2023 | £50,336 | £50,000 | 162 BURFORD |
| 10 Oct 2022 | £49,834 | £50,000 | 153 BURFORD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 19 Mar 2015. Using an estimated price of £114,116 means this house is valued at £1,311 per sq meter (£121 per sq foot).
The average size of a house on BURFORD is 80 sq meters (868 sq feet).