25 ERNEST DAWES AVENUE

£386,538

Full Address

25 ERNEST DAWES AVENUE
PRIORSLEE
TELFORD
WREKIN
UNITED KINGDOM
TF2 9XA

Estimated Market Value

£386,538

This estimated value is based upon the latest sale price for the house of £337,995 on 26 Feb 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1

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Transactions for this house
Price PaidDate
£337,99526 Feb 2021
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 February 2021 the House Price Index for WREKIN was 130.9.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.

Applying this 14.362% change to the original purchase price of £337,995 results in an estimated price of approximately £386,538.

26 Feb 2021 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
130.9 149.7 14.362 % £337,995 £48,543 £386,538

The Postcode Pricing Model uses changes in average sales price within the TF2 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 22.141 % £74,836 £412,831
3 Month Average 26.713 % £90,287 £428,282
6 Month Average 16.026 % £54,167 £392,162
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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