£589,627
This estimated value is based upon the latest sale price for the house of £400,000 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £400,000 | 13 Mar 2015 |
| £169,000 | 9 Mar 2001 |
| 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 March 2015 the House Price Index for WREKIN was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £400,000 results in an estimated price of approximately £589,627.
| 13 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £400,000 | £189,627 | £589,627 |
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 | 9.283 % | £37,133 | £437,133 |
| 3 Month Average | 11.457 % | £45,828 | £445,828 |
| 6 Month Average | 27.267 % | £109,067 | £509,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £189,109 | £190,000 | 89 HOPKINS HEATH |
| 16 Nov 2022 | £187,726 | £190,000 | 8 HOPKINS HEATH |
| 13 Oct 2021 | £237,893 | £215,000 | 52 HOPKINS HEATH |
| 3 Sep 2021 | £193,967 | £180,000 | 11 HOPKINS HEATH |
| 12 Jun 2020 | £187,707 | £155,000 | 10 HOPKINS HEATH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Sherwood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopkins Heath |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopkins Heath |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arrow Road |