£172,819
This estimated value is based upon the latest sale price for the house of £143,500 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£143,500 | 31 Jul 2020 |
£141,500 | 13 Jun 2018 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 2020 the House Price Index for WREKIN was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £143,500 results in an estimated price of approximately £172,819.
31 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £143,500 | £29,319 | £172,819 |
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 | -39.788 % | £-57,095 | £86,404 |
3 Month Average | 16.370 % | £23,490 | £166,990 |
6 Month Average | 13.681 % | £19,632 | £163,132 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £258,776 | £260,000 | 44 BEMROSE AVENUE |
27 Jan 2023 | £248,814 | £251,000 | 19 PEARCE DRIVE |
9 Jan 2023 | £265,666 | £268,000 | 33 PEARCE DRIVE |
1 Aug 2022 | £248,322 | £250,000 | 14 LINNEL GROVE |
28 Jul 2022 | £109,852 | £110,000 | 17 BEMROSE AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 9 May 2018. Using an estimated price of £172,820 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on PEARCE DRIVE is 107 sq meters (1,154 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pearce Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearce Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bemrose Avenue |
Feb 2024 | Drugs | Under investigation | On or near Bemrose Avenue |
Feb 2024 | Possession of weapons | Under investigation | On or near Bemrose Avenue |