£338,627
This estimated value is based upon the latest sale price for the house of £220,000 on 2 Jul 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 2 Jul 2014 |
| £97,500 | 19 Nov 1997 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SHROPSHIRE to estimate the market value.
When this house was purchased in July 2014 the House Price Index for SHROPSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £220,000 results in an estimated price of approximately £338,627.
| 2 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £220,000 | £118,627 | £338,627 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 25.130 % | £55,286 | £275,286 |
| 3 Month Average | 65.674 % | £144,483 | £364,483 |
| 6 Month Average | 54.847 % | £120,662 | £340,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £294,525 | £290,000 | 1 HOWARD ARMS COTTAGES |
| 6 Dec 2023 | £711,874 | £690,000 | BEACON BROOK HOUSE |
| 3 Nov 2023 | £410,367 | £399,950 | 5 STATION ROAD |
| 31 Aug 2023 | £840,153 | £825,000 | THE HOLLIES UPPER NETCHWOOD |
| 18 Apr 2023 | £815,248 | £800,000 | BANK TOP FARM STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park/Open Space |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Brown Clee Road |
| May 2024 | Anti-social behaviour | On or near Station Road | |
| May 2024 | Anti-social behaviour | On or near Station Road | |
| May 2024 | Anti-social behaviour | On or near Station Road |