£224,880
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Apr 2007. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £140,000 | 3 Apr 2007 |
| £96,500 | 6 Sep 2002 |
| £46,000 | 1 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2007 the House Price Index for WREKIN was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £140,000 results in an estimated price of approximately £224,880.
| 3 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £140,000 | £84,880 | £224,880 |
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 | 10.286 % | £14,400 | £154,400 |
| 3 Month Average | 30.467 % | £42,653 | £182,653 |
| 6 Month Average | 41.089 % | £57,524 | £197,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £172,555 | £170,000 | 9 SCEPTRE CLOSE |
| 28 Apr 2023 | £293,156 | £290,000 | 97 MAJESTIC WAY |
| 23 Jun 2022 | £207,939 | £205,000 | 106 MAJESTIC WAY |
| 20 May 2022 | £241,551 | £237,000 | 150 MAJESTIC WAY |
| 11 Feb 2022 | £186,615 | £177,950 | 100 MAJESTIC WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 30 Apr 2020. Using an estimated price of £224,880 means this house is valued at £2,418 per sq meter (£224 per sq foot).
The average size of a house on SOVEREIGN CLOSE is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sceptre Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Widewaters Close |
| Feb 2024 | Anti-social behaviour | On or near Widewaters Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Widewaters Close |
| Feb 2024 | Anti-social behaviour | On or near Widewaters Close |