£249,799
This estimated value is based upon the latest sale price for the house of £202,500 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£202,500 | 7 Dec 2018 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 December 2018 the House Price Index for WREKIN was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £202,500 results in an estimated price of approximately £249,799.
7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £202,500 | £47,299 | £249,799 |
The Postcode Pricing Model uses changes in average sales price within the TF10 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 | 7.669 % | £15,529 | £218,029 |
3 Month Average | -17.103 % | £-34,632 | £167,867 |
6 Month Average | 2.726 % | £5,520 | £208,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £257,290 | £254,000 | 22 WRIGHT AVENUE |
29 Jun 2023 | £339,108 | £335,000 | 17 WRIGHT AVENUE |
8 Jun 2023 | £607,357 | £600,000 | 4 QUEENS DRIVE |
5 Apr 2023 | £909,291 | £899,500 | 7 PRINCESS GARDENS |
28 Feb 2023 | £561,322 | £561,700 | SPRINGFIELD INDUSTRIAL ESTATE STATION ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Jul 2017. Using an estimated price of £249,800 means this house is valued at £3,330 per sq meter (£309 per sq foot).
The average size of a house on WRIGHT AVENUE is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wright Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wright Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Wells |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |