£1,087,310
This estimated value is based upon the latest sale price for the house of £630,000 on 13 Apr 2011. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £630,000 | 13 Apr 2011 |
| £580,000 | 22 Jun 2010 |
| 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 April 2011 the House Price Index for WREKIN was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £630,000 results in an estimated price of approximately £1,087,310.
| 13 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £630,000 | £457,310 | £1,087,310 |
The Postcode Pricing Model uses changes in average sales price within the TF8 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 % | £335,634 | £965,634 |
| 3 Month Average | 5.631 % | £35,476 | £665,476 |
| 6 Month Average | 32.431 % | £204,313 | £834,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £254,541 | £249,950 | 33 PARADISE |
| 4 Aug 2023 | £254,592 | £250,000 | 39 PARADISE |
| 23 Jun 2023 | £290,828 | £285,000 | 14 LINCOLN HILL |
| 2 Jun 2023 | £226,540 | £222,000 | 29 PARADISE |
| 24 Nov 2022 | £283,674 | £285,000 | 76 BOWER YARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Severn Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Severn Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Lincoln Hill | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lincoln Hill |
| May 2024 | Violence and sexual offences | Under investigation | On or near The Wharfage |