£288,215
This estimated value is based upon the latest sale price for the house of £285,500 on 2 Mar 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Stable Lane
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Price Paid | Date |
---|---|
£285,500 | 2 Mar 2023 |
£249,950 | 16 Sep 2015 |
£144,950 | 27 Sep 2002 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,301 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 March 2023 the House Price Index for SHROPSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £285,500 results in an estimated price of approximately £288,215.
2 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £285,500 | £2,715 | £288,215 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 17.489 % | £49,931 | £335,431 |
3 Month Average | 0.430 % | £1,228 | £286,728 |
6 Month Average | -2.795 % | £-7,978 | £277,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2023 | £321,461 | £318,000 | 68 PROSPECT ROAD |
4 Apr 2023 | £334,603 | £331,000 | 15 THE PADDOCKS |
15 Mar 2023 | £469,423 | £465,000 | 1 CROFT WAY |
2 Mar 2023 | £288,215 | £285,500 | 10 THE PADDOCKS |
27 Jan 2023 | £318,500 | £320,000 | 18 THE BRIDLEWAY |
This house has a floor area of 120 sq meters or 1,301 sq feet when measured on 21 Nov 2008. Using an estimated price of £288,215 means this house is valued at £2,383 per sq meter (£221 per sq foot).
The average size of a house on THE PADDOCKS is 150 sq meters (1,624 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longslow Road |