8 HAMA DRIVE

£321,854

Full Address

8 HAMA DRIVE
OAKENGATES
TELFORD
WREKIN
UNITED KINGDOM
TF2 6DD

Estimated Market Value

£321,854

This estimated value is based upon the latest sale price for the house of £215,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for WREKIN 1

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Transactions for this house
Price PaidDate
£215,00023 Jan 2015
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 January 2015 the House Price Index for WREKIN was 100.0.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.

Applying this 49.700% change to the original purchase price of £215,000 results in an estimated price of approximately £321,854.

23 Jan 2015 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
100.0 149.7 49.700 % £215,000 £106,854 £321,854

The Postcode Pricing Model uses changes in average sales price within the TF2 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 55.723 % £119,804 £334,804
3 Month Average 47.116 % £101,300 £316,300
6 Month Average 40.370 % £86,794 £301,794
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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