£185,219
This estimated value is based upon the latest sale price for the house of £117,500 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for WREKIN 1
There has been one burglary within the last year on or near First Avenue
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| Price Paid | Date |
|---|---|
| £117,500 | 27 Jul 2007 |
| £89,950 | 1 Sep 2004 |
| Semi-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 July 2007 the House Price Index for WREKIN was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £117,500 results in an estimated price of approximately £185,219.
| 27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £117,500 | £67,719 | £185,219 |
The Postcode Pricing Model uses changes in average sales price within the TF2 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 | 25.503 % | £29,965 | £147,465 |
| 3 Month Average | 13.928 % | £16,365 | £133,865 |
| 6 Month Average | 32.396 % | £38,065 | £155,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £178,562 | £177,000 | 28 SECOND AVENUE |
| 28 Jul 2023 | £162,183 | £160,000 | 2 FOURTH AVENUE |
| 7 Mar 2023 | £80,761 | £80,000 | 16 FOURTH AVENUE |
| 17 Jun 2022 | £138,964 | £137,000 | 20 FOURTH AVENUE |
| 30 May 2022 | £255,820 | £251,000 | 3 MARQUIS TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near First Avenue |
| Jan 2024 | Burglary | Under investigation | On or near First Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near First Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |