£104,150
This estimated value is based upon the latest sale price for the house of £84,500 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £84,500 | 28 Feb 2020 |
| £80,000 | 12 May 2006 |
| 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 February 2020 the House Price Index for WREKIN was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £84,500 results in an estimated price of approximately £104,150.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £84,500 | £19,650 | £104,150 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | 325.253 % | £274,838 | £359,338 |
| 3 Month Average | 17.678 % | £14,937 | £99,437 |
| 6 Month Average | 11.072 % | £9,355 | £93,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £173,002 | £171,500 | 3 WOODCROFT |
| 28 Mar 2024 | £116,794 | £115,000 | 33 WIGMORES |
| 3 Nov 2023 | £86,188 | £84,000 | 21 WOODCROFT |
| 13 Mar 2023 | £96,613 | £95,000 | 5 WOODCROFT |
| 20 Jan 2023 | £105,281 | £105,000 | 29 WOODCROFT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Jun 2014. Using an estimated price of £104,150 means this house is valued at £1,144 per sq meter (£106 per sq foot).
The average size of a house on WOODCROFT is 92 sq meters (998 sq feet).