£705,081
This estimated value is based upon the latest sale price for the house of £510,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £510,000 | 15 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 277 sq meters or 2,981 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 January 2016 the House Price Index for WREKIN was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £510,000 results in an estimated price of approximately £705,081.
| 15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £510,000 | £195,081 | £705,081 |
The Postcode Pricing Model uses changes in average sales price within the TF2 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 | 15.941 % | £81,298 | £591,298 |
| 3 Month Average | 54.259 % | £276,719 | £786,719 |
| 6 Month Average | 42.326 % | £215,863 | £725,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £567,510 | £555,000 | 22 PRIORSLEE VILLAGE |
| 27 Mar 2023 | £274,586 | £270,000 | 19 DERWENT DRIVE |
| 16 Feb 2022 | £242,985 | £230,000 | 24 AINSDALE DRIVE |
| 16 Dec 2021 | £426,327 | £395,000 | 1 THE HOLLIES PRIORSLEE VILLAGE |
| 12 Oct 2021 | £8,487,087 | £7,614,000 | PRIORSLEE HOUSE SHIFNAL ROAD |
This house has a floor area of 277 sq meters or 2,981 sq feet when measured on 19 Dec 2013. Using an estimated price of £705,082 means this house is valued at £2,545 per sq meter (£236 per sq foot).
The average size of a house on PRIORSLEE VILLAGE is 155 sq meters (1,670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ainsdale Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ainsdale Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ainsdale Drive |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Ainsdale Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ainsdale Drive |