£286,463
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £185,000 | 27 Jun 2014 |
| £150,000 | 27 Feb 2004 |
| £67,000 | 15 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2014 the House Price Index for WREKIN was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £185,000 results in an estimated price of approximately £286,463.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £185,000 | £101,463 | £286,463 |
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 | -4.110 % | £-7,603 | £177,396 |
| 3 Month Average | 46.087 % | £85,260 | £270,260 |
| 6 Month Average | 32.591 % | £60,293 | £245,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £105,000 | £105,000 | 35 BURFORD |
| 9 May 2024 | £111,500 | £111,500 | 294 BURFORD |
| 6 Mar 2024 | £121,872 | £120,000 | 4 BURTONDALE |
| 3 Nov 2023 | £86,188 | £84,000 | 22 BURFORD |
| 3 Nov 2023 | £86,188 | £84,000 | 23 BURFORD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Jan 2014. Using an estimated price of £286,464 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on LAKE END DRIVE is 128 sq meters (1,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Lake End Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lake End Drive |