£174,907
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Jul 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Jul 2023 |
| £120,000 | 24 Mar 2016 |
| £63,000 | 29 Jun 2001 |
| £38,000 | 12 May 1995 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for WREKIN was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £170,000 results in an estimated price of approximately £174,907.
| 24 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £170,000 | £4,907 | £174,907 |
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 | 141.546 % | £240,628 | £410,628 |
| 3 Month Average | 0.223 % | £378 | £170,378 |
| 6 Month Average | -15.718 % | £-26,720 | £143,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £154,509 | £151,000 | 8 SPENCER DRIVE |
| 4 Aug 2023 | £132,388 | £130,000 | 42 SWINBURNE CLOSE |
| 30 Jun 2023 | £114,290 | £112,000 | 62 SANDCROFT |
| 15 Feb 2023 | £166,110 | £165,000 | 46 SHELLEY DRIVE |
| 13 Jan 2023 | £95,255 | £95,000 | 68 SANDCROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Spencer Drive |
| Jul 2024 | Anti-social behaviour | On or near Spencer Drive | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Drive |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Spencer Drive |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Spencer Drive |