£198,263
This estimated value is based upon the latest sale price for the house of £112,500 on 24 Oct 2008. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £112,500 | 24 Oct 2008 |
| £33,000 | 3 Feb 2000 |
| Semi-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 October 2008 the House Price Index for WREKIN was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £112,500 results in an estimated price of approximately £198,263.
| 24 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 149.7 | 76.234 % | £112,500 | £85,763 | £198,263 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | 8.214 % | £9,241 | £121,741 |
| 3 Month Average | 45.822 % | £51,550 | £164,050 |
| 6 Month Average | 38.441 % | £43,246 | £155,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2024 | £114,500 | £114,500 | 10 MITCHEL WAY |
| 28 Mar 2024 | £116,794 | £115,000 | 33 WIGMORES |
| 23 Dec 2023 | £132,058 | £128,000 | 40 IRONBRIDGE ROAD |
| 16 Nov 2023 | £205,209 | £200,000 | 83 BRIDLE TERRACE |
| 20 Oct 2023 | £179,067 | £175,000 | 14 MITCHEL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mitchel Way |
| Oct 2024 | Anti-social behaviour | On or near Park Lane Avenue | |
| Oct 2024 | Shoplifting | Under investigation | On or near Mound Way |
| Oct 2024 | Anti-social behaviour | On or near Mound Way | |
| Sep 2024 | Public order | Under investigation | On or near Mound Way |