£207,109
This estimated value is based upon the latest sale price for the house of £191,500 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£191,500 | 29 Nov 2021 |
£61,500 | 28 Mar 2001 |
Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £191,500 results in an estimated price of approximately £207,109.
29 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £191,500 | £15,609 | £207,109 |
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 | -34.091 % | £-65,284 | £126,215 |
3 Month Average | 22.591 % | £43,261 | £234,761 |
6 Month Average | 25.270 % | £48,392 | £239,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £375,560 | £370,000 | 36 GLADE WAY |
25 Sep 2023 | £253,238 | £250,000 | 37 GLADE WAY |
28 Apr 2023 | £363,918 | £360,000 | 8 FOREST CLOSE |
24 Feb 2023 | £194,869 | £195,000 | 25 ARROW ROAD |
25 Nov 2022 | £197,606 | £200,000 | 4 ARROW ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Sep 2019. Using an estimated price of £207,110 means this house is valued at £3,570 per sq meter (£331 per sq foot).
The average size of a house on ARROW ROAD is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
Jan 2024 | Drugs | Under investigation | On or near Sherwood Close |
Feb 2024 | Possession of weapons | Local resolution | On or near Glade Way |