£179,761
This estimated value is based upon the latest sale price for the house of £177,000 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £177,000 | 22 Mar 2024 |
| £155,000 | 24 Jun 2022 |
| £118,000 | 13 Dec 2006 |
| £41,750 | 29 Oct 1999 |
| 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 March 2024 the House Price Index for WREKIN was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £177,000 results in an estimated price of approximately £179,761.
| 22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £177,000 | £2,761 | £179,761 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 75.451 % | £133,548 | £310,548 |
| 3 Month Average | 21.455 % | £37,974 | £214,974 |
| 6 Month Average | -0.282 % | £-499 | £176,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £168,835 | £165,000 | 145 MERCIA DRIVE |
| 2 Oct 2023 | £209,764 | £205,000 | 14 MERCIA DRIVE |
| 21 Apr 2023 | £132,478 | £130,000 | 149 MERCIA DRIVE |
| 17 Feb 2023 | £196,311 | £195,000 | 23 MERCIA DRIVE |
| 17 Feb 2023 | £219,466 | £218,000 | 34 MERCIA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Mercia Drive | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mercia Drive |
| Jun 2024 | Anti-social behaviour | On or near Mercia Drive | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Acacia Drive |
| Jul 2024 | Public order | Under investigation | On or near Acacia Drive |