£187,035
This estimated value is based upon the latest sale price for the house of £149,950 on 1 May 2018. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £149,950 | 1 May 2018 |
| £169,950 | 21 Oct 2005 |
| 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 May 2018 the House Price Index for WREKIN was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £149,950 results in an estimated price of approximately £187,035.
| 1 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £149,950 | £37,085 | £187,035 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 26.543 % | £39,801 | £189,751 |
| 3 Month Average | 22.304 % | £33,445 | £183,395 |
| 6 Month Average | 34.391 % | £51,569 | £201,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 17 REDLANDS ROAD |
| 10 Jul 2023 | £177,387 | £175,000 | 35 RIVEN ROAD |
| 16 Jun 2023 | £256,102 | £253,000 | 47 REDLANDS ROAD |
| 14 Jun 2023 | £111,349 | £110,000 | 56 REDLANDS ROAD |
| 17 Mar 2023 | £111,046 | £110,000 | 25 REDLANDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riven Road |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Riven Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Redlands Road |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Bricklin Mews |
| Jan 2024 | Bicycle theft | Unable to prosecute suspect | On or near Bricklin Mews |