£477,172
This estimated value is based upon the latest sale price for the house of £243,000 on 27 Jul 2004. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £243,000 | 27 Jul 2004 |
| £139,950 | 12 Sep 2001 |
| £92,500 | 5 Jul 1996 |
| 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 July 2004 the House Price Index for WREKIN was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £243,000 results in an estimated price of approximately £477,172.
| 27 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £243,000 | £234,172 | £477,172 |
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 | 53.275 % | £129,459 | £372,459 |
| 3 Month Average | 65.560 % | £159,309 | £402,309 |
| 6 Month Average | 75.576 % | £183,648 | £426,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £120,000 | £120,000 | 23 BERBERIS ROAD |
| 12 Dec 2023 | £273,401 | £265,000 | 9 HADLEY GARDENS |
| 30 Oct 2023 | £383,715 | £375,000 | 2 WOODPECKER CLOSE |
| 1 Jul 2022 | £212,126 | £210,000 | 12 SPRUCE DRIVE |
| 15 Jun 2022 | £194,150 | £190,000 | 57 BERBERIS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodpecker Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashtree Leasow |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berberis Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cactus Drive |