£118,258
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £100,000 | 18 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for WREKIN was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £100,000 results in an estimated price of approximately £118,258.
| 18 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £100,000 | £18,258 | £118,258 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | -22.948 % | £-22,948 | £77,051 |
| 3 Month Average | 22.231 % | £22,231 | £122,231 |
| 6 Month Average | -0.937 % | £-936 | £99,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £135,458 | £135,000 | 71 WYVERN |
| 8 Dec 2023 | £85,620 | £84,000 | 66 WYVERN |
| 1 Dec 2023 | £125,372 | £123,000 | 1 WYVERN |
| 18 Aug 2023 | £115,704 | £115,000 | 26 SCHOOL ROAD |
| 9 Aug 2023 | £93,066 | £92,500 | 257 WESTBOURNE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Feb 2020. Using an estimated price of £118,259 means this house is valued at £1,343 per sq meter (£124 per sq foot).
The average size of a house on WESTBOURNE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Offender given a caution | On or near Beech Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beech Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wyvern |
| Mar 2024 | Anti-social behaviour | On or near Wyvern | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyvern |