£321,876
This estimated value is based upon the latest sale price for the house of £239,950 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£239,950 | 29 Jul 2016 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 sq feet |
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 July 2016 the House Price Index for WREKIN was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £239,950 results in an estimated price of approximately £321,876.
29 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £239,950 | £81,926 | £321,876 |
The Postcode Pricing Model uses changes in average sales price within the TF10 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 | 140.138 % | £336,261 | £576,211 |
3 Month Average | 31.064 % | £74,538 | £314,488 |
6 Month Average | 29.262 % | £70,215 | £310,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £288,877 | £280,000 | 35 BLUEBELL LANE |
20 Nov 2023 | £420,679 | £410,000 | 9 PINEWOODS |
15 Nov 2023 | £379,637 | £370,000 | 31 PINEWOODS |
12 Oct 2023 | £317,204 | £310,000 | 27 PINEWOODS |
13 Oct 2022 | £325,911 | £327,000 | 17 PINEWOODS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Dec 2015. Using an estimated price of £321,877 means this house is valued at £3,461 per sq meter (£321 per sq foot).
The average size of a house on COWSLIP ACRES is 122 sq meters (1,321 sq feet).