£114,315
This estimated value is based upon the latest sale price for the house of £92,500 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £92,500 | 6 Dec 2019 |
| £21,000 | 19 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2019 the House Price Index for WREKIN was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £92,500 results in an estimated price of approximately £114,315.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £92,500 | £21,815 | £114,315 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | -6.078 % | £-5,621 | £86,878 |
| 3 Month Average | 11.050 % | £10,221 | £102,721 |
| 6 Month Average | 1.561 % | £1,443 | £93,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £134,699 | £132,000 | 58 BURTONDALE |
| 24 Jan 2023 | £120,321 | £120,000 | 243 BURFORD |
| 29 Jul 2022 | £93,436 | £92,500 | 121 BURFORD |
| 21 Apr 2022 | £114,116 | £110,000 | 126 BURFORD |
| 24 Sep 2021 | £138,953 | £128,000 | 38 BURTONDALE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Aug 2019. Using an estimated price of £114,316 means this house is valued at £1,256 per sq meter (£116 per sq foot).
The average size of a house on BURTONDALE is 88 sq meters (949 sq feet).