£494,090
This estimated value is based upon the latest sale price for the house of £375,000 on 14 Nov 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £375,000 | 14 Nov 2016 |
| 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 November 2016 the House Price Index for WREKIN was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £375,000 results in an estimated price of approximately £494,090.
| 14 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £375,000 | £119,090 | £494,090 |
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 | 251.112 % | £941,668 | £1,316,668 |
| 3 Month Average | 76.517 % | £286,939 | £661,939 |
| 6 Month Average | 56.000 % | £210,000 | £585,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £301,052 | £297,000 | 2 OLD TENNIS COURTS |
| 6 Mar 2023 | £181,712 | £180,000 | 11 MEADOW PLACE |
| 29 Apr 2022 | £262,599 | £255,000 | 19 |
| 28 Jan 2022 | £417,806 | £397,000 | 27 MILL LANE |
| 11 Jan 2022 | £968,215 | £920,000 | CHERRINGTON GRANGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Duke'S Drive |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near The Duke'S Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marl Grove |