£253,236
This estimated value is based upon the latest sale price for the house of £54,000 on 5 May 1998. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £54,000 | 5 May 1998 |
| Semi-Detached |
| Freehold |
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 May 1998 the House Price Index for WREKIN was 31.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 368.957%.Applying this 368.957% change to the original purchase price of £54,000 results in an estimated price of approximately £253,236.
| 5 May 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.0 | 368.957 % | £54,000 | £199,236 | £253,236 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 318.094 % | £171,771 | £225,771 |
| 3 Month Average | 277.583 % | £149,894 | £203,894 |
| 6 Month Average | 287.421 % | £155,207 | £209,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £127,410 | £125,000 | 5 OLDFIELD ROAD |
| 18 Dec 2023 | £354,201 | £347,500 | 3 STIRCHLEY LANE |
| 22 Nov 2023 | £202,601 | £200,000 | 6 BEECHWOOD CLOSE |
| 4 Aug 2023 | £123,249 | £122,500 | 51 CROWN STREET |
| 19 Jul 2023 | £166,576 | £165,000 | 27 CROWN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beechwood Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Beechwood Close |
| Mar 2024 | Anti-social behaviour | On or near Beechwood Close | |
| Mar 2024 | Anti-social behaviour | On or near Beechwood Close | |
| Feb 2024 | Anti-social behaviour | On or near Beechwood Close |