£454,279
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Mar 2023. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £450,000 | 16 Mar 2023 |
| £365,000 | 10 Mar 2021 |
| £309,000 | 16 Dec 2016 |
| Terraced |
| 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 2023 the House Price Index for WREKIN was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £450,000 results in an estimated price of approximately £454,279.
| 16 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £450,000 | £4,279 | £454,279 |
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 | 5.164 % | £23,237 | £473,237 |
| 3 Month Average | -1.881 % | £-8,465 | £441,534 |
| 6 Month Average | 8.582 % | £38,617 | £488,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £305,342 | £300,000 | 12 DEEPFIELDS |
| 28 Sep 2023 | £227,914 | £225,000 | 2 RADBROOK CRESCENT |
| 22 Sep 2023 | £465,958 | £460,000 | 7 SPARKHAM CLOSE |
| 22 Sep 2023 | £278,562 | £275,000 | 9 ORIEL WAY |
| 23 Aug 2023 | £242,118 | £240,000 | 6 ORIEL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balliol Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Andrews Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ryelands |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Whinberry Road |