£78,731
This estimated value is based upon the latest sale price for the house of £17,000 on 23 Oct 1998. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £17,000 | 23 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 1998 the House Price Index for WREKIN was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £17,000 results in an estimated price of approximately £78,731.
| 23 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £17,000 | £61,731 | £78,731 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | 417.043 % | £70,897 | £87,897 |
| 3 Month Average | 400.042 % | £68,007 | £85,007 |
| 6 Month Average | 318.646 % | £54,169 | £71,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £127,226 | £125,000 | 97 WEALDSTONE |
| 3 Nov 2023 | £85,262 | £84,000 | 99 WARRENSWAY |
| 26 Sep 2023 | £111,425 | £110,000 | 50 WEALDSTONE |
| 26 Sep 2023 | £111,425 | £110,000 | 93 WEALDSTONE |
| 9 Aug 2023 | £108,449 | £107,500 | 96 WARRENSWAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Feb 2018. Using an estimated price of £78,732 means this house is valued at £1,022 per sq meter (£94 per sq foot).
The average size of a house on WEALDSTONE is 91 sq meters (981 sq feet).