£98,188
This estimated value is based upon the latest sale price for the house of £28,950 on 29 Jun 2001. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £28,950 | 29 Jun 2001 |
| £21,500 | 26 Jun 1998 |
| £18,000 | 17 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2001 the House Price Index for WREKIN was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £28,950 results in an estimated price of approximately £98,188.
| 29 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £28,950 | £69,238 | £98,188 |
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 | 298.415 % | £86,391 | £115,341 |
| 3 Month Average | 265.705 % | £76,921 | £105,871 |
| 6 Month Average | 245.898 % | £71,187 | £100,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £106,360 | £105,000 | 165 WILLOWFIELD |
| 2 Jun 2023 | £101,226 | £100,000 | 119 WILLOWFIELD |
| 24 Feb 2023 | £87,941 | £88,000 | 98 WILLOWFIELD |
| 10 Feb 2023 | £124,916 | £125,000 | 36 WILLOWFIELD |
| 4 Jan 2023 | £94,555 | £95,000 | 99 WILLOWFIELD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 30 Aug 2013. Using an estimated price of £98,188 means this house is valued at £1,067 per sq meter (£99 per sq foot).
The average size of a house on WILLOWFIELD is 94 sq meters (1,017 sq feet).