£175,098
This estimated value is based upon the latest sale price for the house of £105,000 on 8 Dec 2006. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £105,000 | 8 Dec 2006 |
| £103,950 | 30 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
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 December 2006 the House Price Index for WREKIN was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £105,000 results in an estimated price of approximately £175,098.
| 8 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £105,000 | £70,098 | £175,098 |
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 | 108.510 % | £113,936 | £218,936 |
| 3 Month Average | 61.602 % | £64,681 | £169,681 |
| 6 Month Average | 48.967 % | £51,415 | £156,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £121,225 | £117,500 | 27 REDLANDS ROAD |
| 29 Sep 2023 | £122,705 | £120,000 | 17 REDLANDS ROAD |
| 16 Jun 2023 | £258,174 | £253,000 | 47 REDLANDS ROAD |
| 14 Jun 2023 | £112,249 | £110,000 | 56 REDLANDS ROAD |
| 17 Mar 2023 | £111,868 | £110,000 | 25 REDLANDS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Riven Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Riven Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riven Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Riven Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Riven Road |