£583,250
This estimated value is based upon the latest sale price for the house of £425,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £425,000 | 8 Jan 2016 |
| Leasehold |
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 January 2016 the House Price Index for WREKIN was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £425,000 results in an estimated price of approximately £583,250.
| 8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £425,000 | £158,250 | £583,250 |
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 | 32.489 % | £138,076 | £563,076 |
| 3 Month Average | 30.084 % | £127,857 | £552,857 |
| 6 Month Average | 38.136 % | £162,077 | £587,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £334,274 | £330,000 | 3 SANDAL CLOSE |
| 2 Aug 2023 | £230,012 | £228,000 | 49 YEW TREE MEADOW |
| 31 Jul 2023 | £324,366 | £320,000 | 43 YEW TREE MEADOW |
| 28 Jul 2023 | £217,933 | £215,000 | 65 YEW TREE MEADOW |
| 17 Feb 2023 | £249,832 | £250,000 | 31 HEDINGHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Barnes Corner |
| Mar 2024 | Possession of weapons | Under investigation | On or near Barnes Corner |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Barnes Corner |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Corner |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Barnes Corner |