£548,398
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Oct 2010. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 1 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,228 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 October 2010 the House Price Index for SHROPSHIRE was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £320,000 results in an estimated price of approximately £548,398.
| 1 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £320,000 | £228,398 | £548,398 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 131.331 % | £420,260 | £740,260 |
| 3 Month Average | 47.399 % | £151,678 | £471,678 |
| 6 Month Average | 41.044 % | £131,339 | £451,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £306,762 | £300,000 | 13 BEECH DRIVE |
| 27 Sep 2023 | £644,201 | £630,000 | KNOWLES BANK FARM KNOWLES BANK |
| 30 Jun 2023 | £250,010 | £245,000 | 5 ALMOND AVENUE |
| 2 Jun 2023 | £263,276 | £258,000 | 18 BEECH DRIVE |
| 23 Mar 2023 | £661,039 | £650,000 | LITTLE ORCHARD |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 12 Sep 2017. Using an estimated price of £548,398 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on KNOWLES BANK is 295 sq meters (3,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Brookside Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beddoes Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beddoes Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Beddoes Close |
| Jul 2024 | Anti-social behaviour | On or near Wyke Way |