£293,570
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£220,000 | 7 Oct 2016 |
£168,000 | 17 Apr 2014 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2016 the House Price Index for SHROPSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £220,000 results in an estimated price of approximately £293,570.
7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £220,000 | £73,570 | £293,570 |
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 | 33.862 % | £74,495 | £294,495 |
3 Month Average | 28.410 % | £62,502 | £282,502 |
6 Month Average | 20.040 % | £44,087 | £264,087 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £340,462 | £330,000 | 10 BROOKSIDE CLOSE |
29 Sep 2023 | £306,762 | £300,000 | 13 BEECH DRIVE |
1 Sep 2023 | £224,959 | £220,000 | 3 ALMOND AVENUE |
31 Aug 2023 | £272,922 | £268,000 | 17 WHEATFIELD DRIVE |
2 Aug 2023 | £336,010 | £329,950 | 12 BROOKSIDE CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Jun 2016. Using an estimated price of £293,570 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on WHEATFIELD DRIVE is 105 sq meters (1,133 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Under investigation | On or near Brookside Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Almond Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Slack Grove |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Beddoes Close |