£123,760
This estimated value is based upon the latest sale price for the house of £81,000 on 24 Jul 2014. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £81,000 | 24 Jul 2014 |
| £76,500 | 14 Jan 2010 |
| £26,500 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 23 sq meters or 253 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 July 2014 the House Price Index for WREKIN was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £81,000 results in an estimated price of approximately £123,760.
| 24 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £81,000 | £42,760 | £123,760 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 11.533 % | £9,341 | £90,341 |
| 3 Month Average | 35.639 % | £28,867 | £109,867 |
| 6 Month Average | 45.681 % | £37,001 | £118,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £156,368 | £155,000 | 22 MAGPIE WAY |
| 25 Aug 2023 | £94,325 | £93,500 | 2 CHAINMAKERS GATE |
| 14 Apr 2023 | £166,796 | £165,000 | 25 MAGPIE WAY |
| 16 Jan 2023 | £89,578 | £90,000 | 34 FIELDFARE WAY |
| 6 Jan 2023 | £109,484 | £110,000 | 32 FIELDFARE WAY |
This house has a floor area of 23 sq meters or 253 sq feet when measured on 15 Sep 2009. Using an estimated price of £123,760 means this house is valued at £5,257 per sq meter (£488 per sq foot).
The average size of a house on FIELDFARE WAY is 52 sq meters (561 sq feet).
This house is the smallest in the street with a floor area of 23 sq meters (253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Magpie Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magpie Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Magpie Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Magpie Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Magpie Way |