£72,386
This estimated value is based upon the latest sale price for the house of £56,000 on 20 Apr 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £56,000 | 20 Apr 2017 |
| £80,000 | 26 Apr 2007 |
| £53,000 | 25 Nov 2003 |
| £31,500 | 5 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
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 2017 the House Price Index for WREKIN was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £56,000 results in an estimated price of approximately £72,386.
| 20 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £56,000 | £16,386 | £72,386 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 14.952 % | £8,372 | £64,372 |
| 3 Month Average | 8.608 % | £4,820 | £60,820 |
| 6 Month Average | 28.637 % | £16,036 | £72,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £61,068 | £60,000 | 4 GLOUCESTER AVENUE |
| 6 Apr 2023 | £65,707 | £65,000 | 15 CHURCHILL COURT |
| 8 Mar 2023 | £232,188 | £230,000 | 55 KING STREET |
| 7 Mar 2023 | £80,761 | £80,000 | 16 LANCASTER PLACE |
| 7 Mar 2023 | £70,666 | £70,000 | 31 LANCASTER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Lancaster Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Place |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Lancaster Place |