£183,758
This estimated value is based upon the latest sale price for the house of £185,000 on 1 Aug 2022. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£185,000 | 1 Aug 2022 |
£137,500 | 25 Sep 2015 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 602 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 2022 the House Price Index for WREKIN was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £185,000 results in an estimated price of approximately £183,758.
1 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.0 | -0.671 % | £185,000 | £-1,241 | £183,758 |
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 | -41.136 % | £-76,102 | £108,897 |
3 Month Average | -0.517 % | £-955 | £184,044 |
6 Month Average | 3.185 % | £5,891 | £190,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £188,786 | £187,000 | 16 BIRCHFIELD WAY |
21 Jul 2023 | £204,939 | £203,000 | 71 BIRCHFIELD WAY |
18 Nov 2022 | £196,759 | £199,950 | 18 BIRCHFIELD WAY |
1 Aug 2022 | £183,758 | £185,000 | 6 HOBBINS LANE |
6 May 2022 | £218,244 | £215,000 | 85 BIRCHFIELD WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Jul 2015. Using an estimated price of £183,758 means this house is valued at £3,281 per sq meter (£304 per sq foot).
The average size of a house on HOBBINS LANE is 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hobbins Lane |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Hobbins Lane |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Hobbins Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bray Lane |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |