£107,366
This estimated value is based upon the latest sale price for the house of £105,000 on 26 Sep 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £105,000 | 26 Sep 2023 |
| £68,000 | 11 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 September 2023 the House Price Index for WREKIN was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £105,000 results in an estimated price of approximately £107,366.
| 26 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £105,000 | £2,366 | £107,366 |
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 | 236.261 % | £248,074 | £353,074 |
| 3 Month Average | 7.912 % | £8,307 | £113,307 |
| 6 Month Average | -7.866 % | £-8,259 | £96,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £113,487 | £110,000 | 201 WILLOWFIELD |
| 8 Nov 2023 | £107,735 | £105,000 | 130 WILLOWFIELD |
| 26 Sep 2023 | £107,367 | £105,000 | 165 WILLOWFIELD |
| 26 Sep 2023 | £112,480 | £110,000 | 220 WILLOWFIELD |
| 2 Jun 2023 | £102,045 | £100,000 | 119 WILLOWFIELD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Aug 2013. Using an estimated price of £107,367 means this house is valued at £1,206 per sq meter (£112 per sq foot).
The average size of a house on WILLOWFIELD is 94 sq meters (1,017 sq feet).