£292,422
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £285,000 | 20 Nov 2023 |
| £174,000 | 10 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2023 the House Price Index for WREKIN was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £285,000 results in an estimated price of approximately £292,422.
| 20 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £285,000 | £7,422 | £292,422 |
The Postcode Pricing Model uses changes in average sales price within the TF10 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 | 19.881 % | £56,662 | £341,662 |
| 3 Month Average | -14.637 % | £-41,716 | £243,283 |
| 6 Month Average | -14.915 % | £-42,508 | £242,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £223,433 | £220,000 | 13 HAMPTON DRIVE |
| 20 Nov 2023 | £292,423 | £285,000 | 52 NORBROOM DRIVE |
| 11 Oct 2023 | £281,391 | £275,000 | 38 NORBROOM DRIVE |
| 31 Aug 2023 | £344,208 | £338,000 | 5 DROVERS WAY |
| 2 Sep 2022 | £359,760 | £360,000 | 7 TOMKINSON CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Jun 2016. Using an estimated price of £292,423 means this house is valued at £3,440 per sq meter (£319 per sq foot).
The average size of a house on NORBROOM DRIVE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Further investigation is not in the public interest | On or near Ploughmans Croft |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ben Jones Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norbroom Court |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near A41 |