£325,434
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £320,000 | 10 Mar 2023 |
| £175,000 | 10 Jul 2008 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2023 the House Price Index for WREKIN was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £320,000 results in an estimated price of approximately £325,434.
| 10 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £320,000 | £5,434 | £325,434 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 29.444 % | £94,222 | £414,222 |
| 3 Month Average | -0.829 % | £-2,651 | £317,348 |
| 6 Month Average | 9.269 % | £29,661 | £349,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £480,381 | £473,000 | 1 BLACKTHORN GROVE |
| 31 Mar 2023 | £180,515 | £177,500 | 9 ST MARKS CLOSE |
| 10 Mar 2023 | £325,435 | £320,000 | 19 ASPEN WAY |
| 27 Oct 2022 | £199,334 | £200,000 | 16 MERE GROVE |
| 24 Aug 2022 | £3,416 | £3,400 | 16 GUISBOURNE AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 23 May 2018. Using an estimated price of £325,435 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on ASPEN WAY is 140 sq meters (1,511 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Wych Elm Drive | |
| Sep 2024 | Anti-social behaviour | On or near Wych Elm Drive | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Gosling Park |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |