£609,189
This estimated value is based upon the latest sale price for the house of £282,206 on 30 Jan 2004. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £282,206 | 30 Jan 2004 |
| £244,950 | 26 Jul 2001 |
| 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 January 2004 the House Price Index for WREKIN was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £282,206 results in an estimated price of approximately £609,189.
| 30 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £282,206 | £326,983 | £609,189 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 85.449 % | £241,141 | £523,347 |
| 3 Month Average | 94.454 % | £266,554 | £548,760 |
| 6 Month Average | 101.744 % | £287,127 | £569,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £525,532 | £515,000 | 11 MERLIN COPPICE |
| 14 Apr 2023 | £591,055 | £580,000 | 20 MERLIN COPPICE |
| 1 Jul 2022 | £575,769 | £570,000 | 3 OSPREY GROVE |
| 24 Jun 2022 | £219,696 | £215,000 | 2 MANCHESTER DRIVE |
| 23 May 2022 | £446,636 | £435,000 | 49 EIDER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Eider Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fulmar Drive |