£563,568
This estimated value is based upon the latest sale price for the house of £445,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for WREKIN 1
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| Price Paid | Date |
|---|---|
| £445,000 | 21 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 December 2017 the House Price Index for WREKIN was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £445,000 results in an estimated price of approximately £563,568.
| 21 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £445,000 | £118,568 | £563,568 |
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 | 165.895 % | £738,234 | £1,183,234 |
| 3 Month Average | 44.283 % | £197,058 | £642,058 |
| 6 Month Average | 25.960 % | £115,521 | £560,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £225,730 | £220,000 | 1 TRINITY MEWS |
| 1 Nov 2023 | £102,605 | £100,000 | 14 CHETWYND END |
| 22 Sep 2023 | £378,340 | £370,000 | 1 OLD STONE MEWS THE MALTHOUSES FORTON ROAD |
| 11 Aug 2023 | £175,159 | £172,000 | GARDEN LODGE, 23 BEAUMARIS ROAD |
| 9 Jun 2023 | £377,566 | £370,000 | 26 CHETWYND END |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 7 Dec 2017. Using an estimated price of £563,569 means this house is valued at £3,635 per sq meter (£337 per sq foot).
The average size of a house on WOODLAND HEIGHTS is 159 sq meters (1,717 sq feet).