£418,000
This estimated value is based upon the latest sale price for the house of £375,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £375,000 | 29 Oct 2021 |
| £70,000 | 22 Dec 2011 |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 2021 the House Price Index for WREKIN was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £375,000 results in an estimated price of approximately £418,000.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £375,000 | £43,000 | £418,000 |
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 | 12.005 % | £45,019 | £420,019 |
| 3 Month Average | -22.820 % | £-85,574 | £289,425 |
| 6 Month Average | -12.553 % | £-47,074 | £327,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £77,378 | £75,000 | 54 BISHOPDALE |
| 9 Aug 2023 | £112,020 | £110,000 | 185 BLAKEMORE |
| 4 Aug 2023 | £152,755 | £150,000 | 109 BISHOPDALE |
| 21 Jun 2023 | £97,963 | £96,000 | 199 BLAKEMORE |
| 6 Apr 2023 | £96,811 | £95,000 | 96 BISHOPDALE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Sep 2021. Using an estimated price of £418,001 means this house is valued at £5,036 per sq meter (£467 per sq foot).
The average size of a house on BISHOPDALE is 90 sq meters (979 sq feet).