£509,419
This estimated value is based upon the latest sale price for the house of £440,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £440,000 | 23 Jul 2021 |
| £289,406 | 7 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 July 2021 the House Price Index for WREKIN was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £440,000 results in an estimated price of approximately £509,419.
| 23 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £440,000 | £69,419 | £509,419 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 28.167 % | £123,935 | £563,935 |
| 3 Month Average | 6.520 % | £28,689 | £468,689 |
| 6 Month Average | 8.016 % | £35,271 | £475,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £403,078 | £395,000 | 9 WIGEON GROVE |
| 12 Jun 2023 | £525,532 | £515,000 | 11 MERLIN COPPICE |
| 14 Apr 2023 | £591,055 | £580,000 | 20 MERLIN COPPICE |
| 23 May 2022 | £446,636 | £435,000 | 49 EIDER DRIVE |
| 4 Apr 2022 | £451,279 | £435,000 | 6 EIDER DRIVE |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 22 May 2012. Using an estimated price of £509,420 means this house is valued at £2,768 per sq meter (£257 per sq foot).
The average size of a house on EIDER DRIVE is 226 sq meters (2,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Eider Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wigeon Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wigeon Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wigeon Grove |
| Sep 2024 | Anti-social behaviour | On or near Nightingale Way |