£83,879
This estimated value is based upon the latest sale price for the house of £81,750 on 27 Nov 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £81,750 | 27 Nov 2023 |
| £74,950 | 28 Sep 2005 |
| £33,000 | 6 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 November 2023 the House Price Index for WREKIN was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £81,750 results in an estimated price of approximately £83,879.
| 27 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £81,750 | £2,129 | £83,879 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 120.592 % | £98,584 | £180,334 |
| 3 Month Average | 1.716 % | £1,403 | £83,153 |
| 6 Month Average | 7.520 % | £6,147 | £87,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £76,666 | £76,000 | 21 CHAINMAKERS GATE |
| 27 Nov 2023 | £83,879 | £81,750 | 7 CUCKOOS REST |
| 25 Aug 2023 | £95,217 | £93,500 | 2 CHAINMAKERS GATE |
| 16 Jan 2023 | £90,241 | £90,000 | 34 FIELDFARE WAY |
| 6 Jan 2023 | £110,295 | £110,000 | 32 FIELDFARE WAY |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 13 Aug 2020. Using an estimated price of £83,879 means this house is valued at £2,096 per sq meter (£194 per sq foot).
The average size of a house on CUCKOOS REST is 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cuckoo'S Rest |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cuckoo'S Rest |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Cuckoo'S Rest |
| Aug 2024 | Other theft | Under investigation | On or near Cuckoo'S Rest |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chainmakers Gate |