£249,996
This estimated value is based upon the latest sale price for the house of £235,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £235,000 | 29 Sep 2021 |
| £185,000 | 23 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2021 the House Price Index for WREKIN was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £235,000 results in an estimated price of approximately £249,996.
| 29 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £235,000 | £14,996 | £249,996 |
The Postcode Pricing Model uses changes in average sales price within the TF10 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 | 3.182 % | £7,477 | £242,477 |
| 3 Month Average | -16.634 % | £-39,090 | £195,909 |
| 6 Month Average | -2.900 % | £-6,814 | £228,185 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Jul 2013.
The average size of a house on FAIR OAK is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B5062 |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Brook View |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Petrol Station |