£253,391
This estimated value is based upon the latest sale price for the house of £129,995 on 9 Jul 2004. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £129,995 | 9 Jul 2004 |
| £65,950 | 24 May 2000 |
| Terraced |
| 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 2004 the House Price Index for WREKIN was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £129,995 results in an estimated price of approximately £253,391.
| 9 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £129,995 | £123,396 | £253,391 |
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 | 22.886 % | £29,750 | £159,745 |
| 3 Month Average | 39.344 % | £51,145 | £181,140 |
| 6 Month Average | 59.651 % | £77,543 | £207,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2022 | £134,638 | £135,000 | 89 BRYCE WAY |
| 1 Apr 2022 | £334,685 | £325,000 | 7 MONASTERY CLOSE |
| 31 Mar 2022 | £212,434 | £205,000 | 15 TOM MORGAN CLOSE |
| 2 Jul 2021 | £220,659 | £192,000 | 61 DARRALL ROAD |
| 21 Jun 2021 | £214,531 | £199,950 | 47 DARRALL ROAD |