£150,353
This estimated value is based upon the latest sale price for the house of £138,000 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £138,000 | 11 Nov 2021 |
| £87,000 | 22 May 2017 |
| £64,000 | 11 Apr 2003 |
| £35,500 | 12 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 November 2021 the House Price Index for WREKIN was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £138,000 results in an estimated price of approximately £150,353.
| 11 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £138,000 | £12,353 | £150,353 |
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 | 22.512 % | £31,066 | £169,066 |
| 3 Month Average | 34.243 % | £47,255 | £185,255 |
| 6 Month Average | 33.332 % | £45,998 | £183,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £67,000 | £67,000 | 21 FOSTERS FOEL |
| 27 Nov 2023 | £83,879 | £81,750 | 7 CUCKOOS REST |
| 2 Nov 2023 | £95,422 | £93,000 | 2 STONEBRIDGE CLOSE |
| 16 Jun 2023 | £88,779 | £87,000 | 25 STONEBRIDGE CLOSE |
| 6 Jan 2023 | £105,281 | £105,000 | 20 STONEBRIDGE CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 11 Oct 2021. Using an estimated price of £150,354 means this house is valued at £3,341 per sq meter (£310 per sq foot).
The average size of a house on STONEBRIDGE CLOSE is 42 sq meters (459 sq feet).