£306,399
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Aug 2019 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 August 2019 the House Price Index for WREKIN was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £250,000 results in an estimated price of approximately £306,399.
| 30 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £250,000 | £56,399 | £306,399 |
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 | 70.413 % | £176,031 | £426,031 |
| 3 Month Average | 7.016 % | £17,539 | £267,539 |
| 6 Month Average | 8.404 % | £21,011 | £271,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £354,201 | £347,500 | 3 STIRCHLEY LANE |
| 31 Mar 2023 | £226,223 | £225,000 | 10 COOKE DRIVE |
| 18 Feb 2022 | £287,227 | £275,000 | 40 STIRCHLEY LANE |
| 23 Aug 2021 | £330,556 | £297,500 | 21 BRIDGWATER CLOSE |
| 11 Dec 2020 | £297,428 | £260,199 | 20 BURLINGTON CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 20 Aug 2018. Using an estimated price of £306,399 means this house is valued at £2,785 per sq meter (£258 per sq foot).
The average size of a house on COOKE DRIVE is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Cooke Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beames Close |
| Apr 2024 | Drugs | Under investigation | On or near Bridgwater Close |
| Apr 2024 | Drugs | Under investigation | On or near Bridgwater Close |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Bridgwater Close |