£434,485
This estimated value is based upon the latest sale price for the house of £274,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £274,000 | 28 Mar 2014 |
| £131,000 | 26 Mar 1999 |
| 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 March 2014 the House Price Index for WREKIN was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £274,000 results in an estimated price of approximately £434,485.
| 28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £274,000 | £160,485 | £434,485 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 103.916 % | £284,730 | £558,730 |
| 3 Month Average | 41.362 % | £113,332 | £387,332 |
| 6 Month Average | 42.802 % | £117,278 | £391,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £534,643 | £525,000 | 7 ST PETERS WALK |
| 18 Nov 2022 | £388,185 | £390,000 | 18 MEADOW DALE DRIVE |
| 22 Oct 2021 | £581,361 | £521,555 | 25 DALEFIELD DRIVE |
| 28 Jun 2021 | £475,581 | £440,000 | 16 MEADOW DALE DRIVE |
| 4 Nov 2020 | £408,777 | £350,000 | 21 LITTLE MEADOW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Dale Drive |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Elmsdale Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Beeches |