£59,055
This estimated value is based upon the latest sale price for the house of £46,500 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £46,500 | 24 Nov 2017 |
| Freehold |
| Floor Area: 49 sq meters or 527 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 November 2017 the House Price Index for WREKIN was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £46,500 results in an estimated price of approximately £59,055.
| 24 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £46,500 | £12,555 | £59,055 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | -8.263 % | £-3,842 | £42,657 |
| 3 Month Average | 54.050 % | £25,133 | £71,633 |
| 6 Month Average | 26.914 % | £12,515 | £59,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £56,432 | £55,000 | 22 WITHYWOOD DRIVE |
| 9 Nov 2023 | £148,777 | £145,000 | 12 DARK LANE DRIVE |
| 9 Jun 2023 | £69,391 | £68,000 | 21 WITHYWOOD DRIVE |
| 4 May 2022 | £75,979 | £74,000 | 5 FARM LODGE GROVE |
| 21 Jan 2022 | £172,812 | £163,000 | 42 FARM LODGE GROVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 May 2012. Using an estimated price of £59,055 means this house is valued at £1,205 per sq meter (£111 per sq foot).
The average size of a house on FARM LODGE GROVE is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Farm Lodge Grove |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Lodge Grove |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farm Lodge Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Farm Lodge Grove |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Farm Lodge Grove |