£281,006
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Jun 2022. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £275,000 | 20 Jun 2022 |
| 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 June 2022 the House Price Index for WREKIN was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £275,000 results in an estimated price of approximately £281,006.
| 20 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £275,000 | £6,006 | £281,006 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | -11.695 % | £-32,160 | £242,839 |
| 3 Month Average | 4.781 % | £13,148 | £288,148 |
| 6 Month Average | -11.305 % | £-31,089 | £243,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £319,950 | £319,950 | ORCHARD HOUSE MILL LANE |
| 30 Apr 2024 | £171,489 | £170,000 | 19 CHURCH CLOSE |
| 31 Mar 2024 | £167,575 | £165,000 | CHAYNE LEA STATION ROAD |
| 1 Dec 2023 | £66,029 | £64,000 | 49 MEADOW BROOK CLOSE |
| 20 Apr 2023 | £142,668 | £140,000 | 14 THE ROOKERY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cottage Farm Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cottage Farm Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottage Farm Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Brook Close |
| Oct 2024 | Public order | Under investigation | On or near Station Road |