£299,120
This estimated value is based upon the latest sale price for the house of £247,000 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£247,000 | 19 Jun 2020 |
£185,000 | 21 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 June 2020 the House Price Index for WREKIN was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £247,000 results in an estimated price of approximately £299,120.
19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £247,000 | £52,120 | £299,120 |
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 | 51.716 % | £127,738 | £374,738 |
3 Month Average | 38.949 % | £96,203 | £343,203 |
6 Month Average | 23.843 % | £58,892 | £305,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £172,555 | £170,000 | 9 SCEPTRE CLOSE |
28 Apr 2023 | £293,156 | £290,000 | 97 MAJESTIC WAY |
19 Aug 2022 | £259,302 | £260,000 | 18 HAZELWOOD DRIVE |
23 Jun 2022 | £207,939 | £205,000 | 106 MAJESTIC WAY |
20 May 2022 | £241,551 | £237,000 | 150 MAJESTIC WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 20 Sep 2019. Using an estimated price of £299,121 means this house is valued at £2,623 per sq meter (£243 per sq foot).
The average size of a house on MAJESTIC WAY is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Widewaters Close |
Feb 2024 | Anti-social behaviour | On or near Widewaters Close | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Widewaters Close |
Feb 2024 | Anti-social behaviour | On or near Widewaters Close | |
Feb 2024 | Anti-social behaviour | On or near Widewaters Close |