£296,001
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for WREXHAM 1
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| Price Paid | Date |
|---|---|
| £175,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for WREXHAM to estimate the market value.
When this house was purchased in December 2012 the House Price Index for WREXHAM was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £175,000 results in an estimated price of approximately £296,001.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £175,000 | £121,001 | £296,001 |
The Postcode Pricing Model uses changes in average sales price within the LL13 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 | -59.350 % | £-103,861 | £71,138 |
| 3 Month Average | -25.414 % | £-44,474 | £130,525 |
| 6 Month Average | 18.539 % | £32,442 | £207,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £232,820 | £230,000 | 33 FFORDD MADOC |
| 17 Feb 2023 | £234,842 | £235,000 | 14 SHERWELL AVENUE |
| 27 Jul 2022 | £171,462 | £171,000 | 5 FFORDD MADOC |
| 1 Jul 2022 | £195,526 | £195,000 | 25 FRIARS CLOSE |
| 26 Nov 2021 | £227,118 | £210,000 | 32 FFORDD ALUN |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 6 May 2010. Using an estimated price of £296,001 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on FERNHAM DRIVE is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Wellswood Road |
| Dec 2023 | Anti-social behaviour | On or near Wellswood Road | |
| Dec 2023 | Anti-social behaviour | On or near Wellswood Road | |
| Dec 2023 | Anti-social behaviour | On or near Wellswood Road | |
| Dec 2023 | Anti-social behaviour | On or near Wellswood Road |