£157,551
This estimated value is based upon the latest sale price for the house of £113,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£113,000 | 18 Dec 2015 |
£102,000 | 31 Jul 2009 |
£42,000 | 29 May 1998 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 December 2015 the House Price Index for WREKIN was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £113,000 results in an estimated price of approximately £157,551.
18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £113,000 | £44,551 | £157,551 |
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 | 150.694 % | £170,284 | £283,284 |
3 Month Average | 51.603 % | £58,311 | £171,311 |
6 Month Average | 44.780 % | £50,600 | £163,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £428,156 | £415,000 | 37 LEESES CLOSE |
29 Jun 2023 | £173,471 | £169,995 | 14 SQUIRREL MEADOW |
17 Mar 2023 | £261,365 | £257,000 | 67 GLOVERS WAY |
9 Sep 2022 | £74,950 | £75,000 | 7 SQUIRREL MEADOW |
5 Aug 2022 | £164,017 | £163,250 | 19 GREENWOOD DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 3 Nov 2015. Using an estimated price of £157,551 means this house is valued at £3,282 per sq meter (£304 per sq foot).
The average size of a house on GREENWOOD DRIVE is 53 sq meters (571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenwood Drive |
Sep 2024 | Anti-social behaviour | On or near Greenwood Drive | |
Sep 2024 | Anti-social behaviour | On or near Greenwood Drive | |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Greenwood Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Squirrel Meadow |