£121,720
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Jun 2022. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £120,000 | 7 Jun 2022 |
| £92,500 | 28 Feb 2020 |
| £92,000 | 5 Aug 2004 |
| £31,950 | 10 Jul 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 June 2022 the House Price Index for WREKIN was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £120,000 results in an estimated price of approximately £121,720.
| 7 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £120,000 | £1,720 | £121,720 |
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 | -19.410 % | £-23,292 | £96,707 |
| 3 Month Average | -11.656 % | £-13,986 | £106,013 |
| 6 Month Average | 3.056 % | £3,666 | £123,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £185,241 | £182,000 | 11 GIBBONS ROAD |
| 14 Dec 2023 | £249,363 | £245,000 | STANMAR FURNACE LANE |
| 11 Sep 2023 | £126,619 | £125,000 | 60 FURNACE LANE |
| 4 Sep 2023 | £182,331 | £180,000 | 22 GIBBONS ROAD |
| 27 Jul 2023 | £177,387 | £175,000 | 20 JAMES NELSON CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furnace Lane |
| Mar 2024 | Public order | Under investigation | On or near Furnace Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near James Nelson Crescent |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near James Nelson Crescent |
| Mar 2024 | Drugs | Under investigation | On or near James Nelson Crescent |