£175,371
This estimated value is based upon the latest sale price for the house of £139,500 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £139,500 | 20 Dec 2017 |
| £122,500 | 26 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2017 the House Price Index for WREKIN was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £139,500 results in an estimated price of approximately £175,371.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £139,500 | £35,871 | £175,371 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 70.588 % | £98,470 | £237,970 |
| 3 Month Average | 64.573 % | £90,079 | £229,579 |
| 6 Month Average | 75.491 % | £105,310 | £244,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £179,693 | £178,000 | 72 OAKFIELD ROAD |
| 17 Mar 2023 | £272,568 | £270,000 | 21 ACORN WAY |
| 10 Feb 2023 | £184,876 | £185,000 | 4 SPAN MEADOW |
| 4 Nov 2022 | £726,204 | £735,000 | 5 ACORN WAY |
| 24 Jun 2022 | £172,437 | £170,000 | 16 OAKFIELD ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Aug 2012. Using an estimated price of £175,371 means this house is valued at £1,927 per sq meter (£179 per sq foot).
The average size of a house on OAKFIELD ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Awaiting court outcome | On or near Oakfield Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oakfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Span Meadow |
| Mar 2024 | Anti-social behaviour | On or near Fox'S Covert | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |