£122,453
This estimated value is based upon the latest sale price for the house of £120,000 on 5 Jun 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £120,000 | 5 Jun 2023 |
| £115,000 | 28 Nov 2011 |
| Semi-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 June 2023 the House Price Index for WREKIN was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £120,000 results in an estimated price of approximately £122,453.
| 5 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £120,000 | £2,453 | £122,453 |
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 | 103.229 % | £123,874 | £243,874 |
| 3 Month Average | 34.769 % | £41,723 | £161,723 |
| 6 Month Average | 18.971 % | £22,765 | £142,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £122,454 | £120,000 | 41 CHAPEL STREET |
| 12 Apr 2023 | £109,039 | £107,000 | 6 WINDSOR PLACE |
| 30 Mar 2023 | £305,095 | £300,000 | GREYCHAR SPRINGHILL |
| 28 Mar 2023 | £154,931 | £152,344 | 37 PORTLEY ROAD |
| 10 Mar 2023 | £87,969 | £86,500 | 15 SPRINGHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chapel Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near George Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |