£450,584
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £425,000 | 28 Jan 2022 |
| £320,000 | 17 Jul 2015 |
| £275,000 | 2 Nov 2012 |
| Detached |
| Freehold |
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 January 2022 the House Price Index for WREKIN was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £425,000 results in an estimated price of approximately £450,584.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £425,000 | £25,584 | £450,584 |
The Postcode Pricing Model uses changes in average sales price within the TF2 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 | -17.405 % | £-73,969 | £351,030 |
| 3 Month Average | 48.437 % | £205,855 | £630,855 |
| 6 Month Average | 14.356 % | £61,015 | £486,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2022 | £319,786 | £320,000 | DANESCOURT CHURCH STREET |
| 29 Apr 2022 | £285,291 | £275,000 | 23 CREST ROAD |
| 28 Jan 2022 | £450,584 | £425,000 | 5A PAVILION GROVE |
| 17 Nov 2021 | £490,284 | £450,000 | 6 PAVILION GROVE |
| 30 Jun 2021 | £378,303 | £350,000 | 4 WICKET CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Pavilion Grove |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Oval Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Crest Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crest Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Crest Road |