£225,132
This estimated value is based upon the latest sale price for the house of £165,000 on 4 Apr 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,168 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 April 2016 the House Price Index for WREKIN was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £165,000 results in an estimated price of approximately £225,132.
| 4 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £165,000 | £60,132 | £225,132 |
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 | 14.649 % | £24,171 | £189,171 |
| 3 Month Average | 52.063 % | £85,904 | £250,904 |
| 6 Month Average | 25.606 % | £42,250 | £207,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £258,979 | £255,000 | 3 PASMORE CLOSE |
| 24 Nov 2023 | £153,907 | £150,000 | 1 RUSKIN WAY |
| 3 Nov 2023 | £256,511 | £250,000 | 5 RUSKIN WAY |
| 30 Jun 2023 | £229,601 | £225,000 | 31 MALORY DRIVE |
| 8 Feb 2023 | £194,298 | £193,000 | 9A CHAPEL LANE |
This house has a floor area of 108 sq meters or 1,168 sq feet when measured on 7 Nov 2011. Using an estimated price of £225,133 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on MALORY DRIVE is 93 sq meters (1,007 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Housman Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Housman Close |
| Jul 2024 | Anti-social behaviour | On or near Malory Drive | |
| Jul 2024 | Anti-social behaviour | On or near Malory Drive | |
| Jul 2024 | Anti-social behaviour | On or near Malory Drive |