£211,666
This estimated value is based upon the latest sale price for the house of £167,000 on 8 Sep 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £167,000 | 8 Sep 2017 |
| Detached |
| Freehold |
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 September 2017 the House Price Index for WREKIN was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £167,000 results in an estimated price of approximately £211,666.
| 8 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £167,000 | £44,666 | £211,666 |
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 | -4.995 % | £-8,341 | £158,658 |
| 3 Month Average | 16.582 % | £27,692 | £194,692 |
| 6 Month Average | 35.748 % | £59,699 | £226,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £184,735 | £182,000 | 35 SYCAMORE CLOSE |
| 7 Jul 2023 | £231,111 | £228,000 | 14 BEECH CLOSE |
| 23 Jun 2023 | £334,046 | £330,000 | 26 SYCAMORE CLOSE |
| 23 Jan 2023 | £204,039 | £205,000 | 11 ELMPARK DRIVE |
| 16 Jan 2023 | £223,945 | £225,000 | 1 CHESTNUT DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Drive |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Poplar Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wrockwardine Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bronte Close |