£85,846
This estimated value is based upon the latest sale price for the house of £75,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £75,000 | 16 Jul 2021 |
| £75,000 | 16 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2021 the House Price Index for WREKIN was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £75,000 results in an estimated price of approximately £85,846.
| 16 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £75,000 | £10,846 | £85,846 |
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 | 10.870 % | £8,152 | £83,152 |
| 3 Month Average | 28.665 % | £21,499 | £96,499 |
| 6 Month Average | -6.486 % | £-4,864 | £70,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £115,390 | £115,000 | 33 WIGMORES |
| 22 Nov 2023 | £94,209 | £93,000 | 21 WELLSFIELD |
| 16 Nov 2023 | £101,300 | £100,000 | 12 WIGMORES |
| 3 Nov 2023 | £85,092 | £84,000 | 21 WOODCROFT |
| 20 Jan 2023 | £104,086 | £105,000 | 29 WOODCROFT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 Nov 2018. Using an estimated price of £85,847 means this house is valued at £1,100 per sq meter (£102 per sq foot).
The average size of a house on WIGMORES is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Wigmores |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wigmores |
| Feb 2024 | Robbery | Under investigation | On or near Wigmores |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wigmores |