£343,495
This estimated value is based upon the latest sale price for the house of £276,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £276,000 | 24 Nov 2017 |
| £270,000 | 31 Aug 2007 |
| £257,500 | 15 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 November 2017 the House Price Index for WREKIN was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £276,000 results in an estimated price of approximately £343,495.
| 24 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £276,000 | £67,495 | £343,495 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 12.211 % | £33,703 | £309,703 |
| 3 Month Average | 21.472 % | £59,263 | £335,263 |
| 6 Month Average | 35.322 % | £97,489 | £373,489 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 9 Aug 2017.
The average size of a house on NEW RIVER CLOSE is 165 sq meters (1,781 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near New River Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Moat Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marsh Meadow Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Quail Gate |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Swift Gate |