£1,041,264
This estimated value is based upon the latest sale price for the house of £845,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £845,000 | 20 Nov 2018 |
| 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 November 2018 the House Price Index for WREKIN was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £845,000 results in an estimated price of approximately £1,041,264.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £845,000 | £196,264 | £1,041,264 |
The Postcode Pricing Model uses changes in average sales price within the TF6 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 | 44.103 % | £372,673 | £1,217,673 |
| 3 Month Average | 33.711 % | £284,854 | £1,129,854 |
| 6 Month Average | 19.977 % | £168,801 | £1,013,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £373,530 | £368,000 | 1 THE STACKYARD |
| 22 Sep 2023 | £359,598 | £355,000 | ROSE COTTAGE, 32 |
| 22 Aug 2023 | £398,486 | £395,000 | 7 ORCHARD CLOSE |
| 16 Jun 2023 | £1,214,714 | £1,200,000 | LOWER HOUSE FARM |
| 6 Mar 2023 | £620,849 | £615,000 | 1 THE PADDOCKS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddocks |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Paddocks |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Paddocks |