£218,286
This estimated value is based upon the latest sale price for the house of £125,955 on 18 Mar 2011. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £125,955 | 18 Mar 2011 |
| Semi-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 March 2011 the House Price Index for WREKIN was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £125,955 results in an estimated price of approximately £218,286.
| 18 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £125,955 | £92,331 | £218,286 |
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 | 156.288 % | £196,852 | £322,807 |
| 3 Month Average | 87.522 % | £110,238 | £236,193 |
| 6 Month Average | 59.429 % | £74,853 | £200,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £211,499 | £205,000 | 15 OAKWORTH CLOSE |
| 28 Feb 2023 | £183,727 | £182,500 | 6 ELIM TERRACE |
| 28 Feb 2023 | £186,244 | £185,000 | 8 OAKWORTH CLOSE |
| 27 Jan 2023 | £340,911 | £340,000 | ROOFING CENTRE TRENCH LOCK 3 |
| 22 Jul 2022 | £3,232,389 | £3,200,000 | UNIT 4 TRENCH LOCK 3 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Trench Lock 1 |
| Jul 2024 | Anti-social behaviour | On or near Trench Lock 1 | |
| Jun 2024 | Other crime | Under investigation | On or near Trench Lock 1 |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Trench Lock 1 |