£159,644
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £130,000 | 1 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
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 June 2018 the House Price Index for WREKIN was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £130,000 results in an estimated price of approximately £159,644.
| 1 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £130,000 | £29,644 | £159,644 |
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 | 1.977 % | £2,570 | £132,570 |
| 3 Month Average | 20.331 % | £26,430 | £156,430 |
| 6 Month Average | 34.777 % | £45,210 | £175,210 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 31 Aug 2016.
The average size of a house on RED LEES is 122 sq meters (1,316 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Incline |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Incline |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttonwood Glade |
| Mar 2024 | Shoplifting | Under investigation | On or near School Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near School Lane |