£99,261
This estimated value is based upon the latest sale price for the house of £60,000 on 24 Jan 2007. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 24 Jan 2007 |
| £60,000 | 4 Jul 2003 |
| £64,250 | 20 Feb 1998 |
| £107,950 | 4 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2007 the House Price Index for SHROPSHIRE was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £60,000 results in an estimated price of approximately £99,261.
| 24 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £60,000 | £39,261 | £99,261 |
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 | 73.900 % | £44,340 | £104,340 |
| 3 Month Average | 70.516 % | £42,309 | £102,309 |
| 6 Month Average | 42.004 % | £25,202 | £85,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £287,293 | £280,000 | 71 RASTRICK CLOSE |
| 3 Nov 2023 | £287,293 | £280,000 | 57 RASTRICK CLOSE |
| 27 Oct 2023 | £383,715 | £375,000 | 26 HARLEY WAY |
| 30 Jun 2023 | £272,460 | £267,000 | 73 RASTRICK CLOSE |
| 28 Feb 2023 | £528,531 | £525,000 | 2D HARLEY WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Jun 2021. Using an estimated price of £99,262 means this house is valued at £1,023 per sq meter (£95 per sq foot).
The average size of a house on TINING CLOSE is 73 sq meters (786 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maudlins Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rastrick Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rastrick Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rastrick Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rastrick Close |