£206,518
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Jun 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Jun 2017 |
| £160,000 | 14 Sep 2007 |
| £139,000 | 18 Nov 2005 |
| £92,500 | 8 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 755 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 June 2017 the House Price Index for WREKIN was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £160,000 results in an estimated price of approximately £206,518.
| 21 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £160,000 | £46,518 | £206,518 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 46.353 % | £74,164 | £234,164 |
| 3 Month Average | 26.184 % | £41,894 | £201,894 |
| 6 Month Average | 48.106 % | £76,970 | £236,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £176,178 | £173,000 | 11 REDWOOD CLOSE |
| 17 Mar 2023 | £261,365 | £257,000 | 67 GLOVERS WAY |
| 4 Feb 2022 | £352,857 | £334,000 | 74 GLOVERS WAY |
| 9 Dec 2021 | £254,663 | £235,950 | 87 GLOVERS WAY |
| 11 Nov 2021 | £479,389 | £440,000 | 6 WOODFORD GREEN |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 27 Sep 2011. Using an estimated price of £206,518 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on GLOVERS WAY is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodhall Close |
| Jul 2024 | Public order | Under investigation | On or near Ruith Field |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ruith Field |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenwood Drive |
| Sep 2024 | Anti-social behaviour | On or near Greenwood Drive |