£428,885
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 28 Sep 2012 |
£109,000 | 23 Aug 1999 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 sq feet |
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 September 2012 the House Price Index for SHROPSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £250,000 results in an estimated price of approximately £428,885.
28 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.554 % | £250,000 | £178,885 | £428,885 |
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 | 48.262 % | £120,655 | £370,655 |
3 Month Average | 51.952 % | £129,880 | £379,880 |
6 Month Average | 40.145 % | £100,363 | £350,363 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £393,947 | £385,000 | 29 PRINCESS DRIVE |
6 Oct 2023 | £289,065 | £282,500 | 5 WHITMORE CLOSE |
1 Feb 2023 | £352,303 | £349,950 | 25 PRINCESS DRIVE |
24 Jun 2022 | £321,881 | £315,000 | 21 QUEENSWAY DRIVE |
13 Jun 2022 | £275,898 | £270,000 | 2 QUEENSWAY DRIVE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 19 Mar 2012. Using an estimated price of £428,886 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on WHITMORE CLOSE is 131 sq meters (1,418 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Foster Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foster Road |
Jul 2024 | Burglary | Under investigation | On or near Queensway Drive |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queensway Drive |
Jun 2024 | Burglary | Under investigation | On or near Queensway Drive |