£169,508
This estimated value is based upon the latest sale price for the house of £36,000 on 1 May 1998. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £36,000 | 1 May 1998 |
| £34,500 | 28 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 May 1998 the House Price Index for SHROPSHIRE was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £36,000 results in an estimated price of approximately £169,508.
| 1 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £36,000 | £133,508 | £169,508 |
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 | 298.684 % | £107,526 | £143,526 |
| 3 Month Average | 324.322 % | £116,756 | £152,756 |
| 6 Month Average | 277.594 % | £99,933 | £135,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £283,626 | £280,000 | 63 HOOK FARM ROAD |
| 21 Jul 2023 | £253,411 | £250,000 | 61 HOOK FARM ROAD |
| 5 Apr 2023 | £90,980 | £90,000 | 8A HOOK FARM ROAD |
| 9 Jan 2023 | £218,969 | £220,000 | 22 LINLEY VIEW DRIVE |
| 6 Sep 2022 | £229,149 | £230,999 | 67 HOOK FARM ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 15 Oct 2014. Using an estimated price of £169,509 means this house is valued at £4,237 per sq meter (£393 per sq foot).
The average size of a house on HOOK FARM ROAD is 50 sq meters (544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Linley View Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hook Farm Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hook Farm Road |
| Mar 2024 | Other crime | Under investigation | On or near Copperfield |
| Feb 2024 | Anti-social behaviour | On or near Copperfield |