£115,540
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Aug 2022. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £115,000 | 18 Aug 2022 |
| £81,000 | 16 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2022 the House Price Index for WREKIN was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £115,000 results in an estimated price of approximately £115,540.
| 18 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £115,000 | £540 | £115,540 |
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 | -0.363 % | £-417 | £114,582 |
| 3 Month Average | 3.301 % | £3,795 | £118,795 |
| 6 Month Average | -0.695 % | £-798 | £114,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £173,002 | £171,500 | 3 WOODCROFT |
| 28 Mar 2024 | £116,794 | £115,000 | 33 WIGMORES |
| 1 Mar 2024 | £104,099 | £102,500 | 148 WAVERLEY |
| 22 Nov 2023 | £95,422 | £93,000 | 21 WELLSFIELD |
| 8 Nov 2023 | £123,125 | £120,000 | 114 WAVERLEY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 4 Oct 2013. Using an estimated price of £115,540 means this house is valued at £1,132 per sq meter (£105 per sq foot).
The average size of a house on WELLSFIELD is 93 sq meters (1,005 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Wellsfield |