£207,984
This estimated value is based upon the latest sale price for the house of £122,500 on 31 Oct 2012. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£122,500 | 31 Oct 2012 |
£43,950 | 20 Nov 1997 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,026 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 October 2012 the House Price Index for WREKIN was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £122,500 results in an estimated price of approximately £207,984.
31 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £122,500 | £85,484 | £207,984 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 59.273 % | £72,609 | £195,109 |
3 Month Average | 90.236 % | £110,538 | £233,038 |
6 Month Average | 61.382 % | £75,192 | £197,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £184,876 | £185,000 | 4 SPAN MEADOW |
24 Jun 2022 | £172,437 | £170,000 | 16 OAKFIELD ROAD |
23 Jun 2022 | £182,580 | £180,000 | 51 SPAN MEADOW |
12 May 2022 | £180,909 | £177,500 | 112 OAKFIELD ROAD |
12 Apr 2022 | £175,066 | £170,000 | 21 OAKFIELD ROAD |
This house has a floor area of 95 sq meters or 1,026 sq feet when measured on 25 Feb 2012. Using an estimated price of £207,984 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on OAKFIELD ROAD is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Span Meadow |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oakfield Road |
Dec 2023 | Other crime | Awaiting court outcome | On or near Oakfield Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cote Road |
Jan 2024 | Anti-social behaviour | On or near Cote Road |