£119,617
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 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £100,000 results in an estimated price of approximately £119,617.
| 18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £100,000 | £19,617 | £119,617 |
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 | 5.804 % | £5,803 | £105,803 |
| 3 Month Average | 15.785 % | £15,785 | £115,785 |
| 6 Month Average | 5.889 % | £5,888 | £105,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £70,000 | £70,000 | 244 WESTBOURNE |
| 15 Mar 2024 | £130,505 | £128,500 | 40 SCHOOL ROAD |
| 8 Dec 2023 | £86,663 | £84,000 | 66 WYVERN |
| 1 Dec 2023 | £126,899 | £123,000 | 1 WYVERN |
| 27 Sep 2023 | £144,178 | £141,000 | 275 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 £119,617 means this house is valued at £1,359 per sq meter (£126 per sq foot).
The average size of a house on WESTBOURNE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Beech Road | |
| Aug 2024 | Anti-social behaviour | On or near Beech Road | |
| Aug 2024 | Anti-social behaviour | On or near Beech Road | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Road |
| Oct 2024 | Anti-social behaviour | On or near Wyvern |