£191,007
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £155,000 | 5 Oct 2018 |
| £116,000 | 9 Jan 2006 |
| £48,000 | 28 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 October 2018 the House Price Index for WREKIN was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £155,000 results in an estimated price of approximately £191,007.
| 5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £155,000 | £36,007 | £191,007 |
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 | 20.982 % | £32,521 | £187,521 |
| 3 Month Average | 13.370 % | £20,724 | £175,724 |
| 6 Month Average | 26.910 % | £41,710 | £196,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 17 REDLANDS ROAD |
| 28 Jul 2023 | £203,742 | £201,000 | 7 PARISH DRIVE |
| 17 Mar 2023 | £111,046 | £110,000 | 25 REDLANDS ROAD |
| 3 Mar 2023 | £119,122 | £118,000 | 85 REDLANDS ROAD |
| 17 Feb 2023 | £184,876 | £185,000 | 49 REDLANDS ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Jun 2018. Using an estimated price of £191,008 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on PARISH DRIVE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parish Drive |
| Jan 2024 | Anti-social behaviour | On or near Union Street | |
| Jan 2024 | Anti-social behaviour | On or near Union Street | |
| Jan 2024 | Anti-social behaviour | On or near Union Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riven Road |