£125,873
This estimated value is based upon the latest sale price for the house of £112,000 on 10 Aug 2021. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £112,000 | 10 Aug 2021 |
| £89,950 | 10 Dec 2018 |
| £22,500 | 24 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2021 the House Price Index for WREKIN was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £112,000 results in an estimated price of approximately £125,873.
| 10 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £112,000 | £13,873 | £125,873 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | 14.890 % | £16,676 | £128,676 |
| 3 Month Average | 21.935 % | £24,566 | £136,566 |
| 6 Month Average | 16.102 % | £18,033 | £130,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £86,663 | £84,000 | 66 WYVERN |
| 1 Dec 2023 | £126,899 | £123,000 | 1 WYVERN |
| 2 Nov 2023 | £89,779 | £87,500 | 54 WARRENSWAY |
| 7 Sep 2023 | £139,577 | £136,500 | 49 WYVERN |
| 7 Jun 2023 | £115,311 | £113,000 | 70 WARRENSWAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 May 2018. Using an estimated price of £125,874 means this house is valued at £1,398 per sq meter (£129 per sq foot).
The average size of a house on WYVERN is 89 sq meters (966 sq feet).