£257,838
This estimated value is based upon the latest sale price for the house of £186,500 on 4 Jan 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £186,500 | 4 Jan 2016 |
| £138,500 | 4 Aug 2009 |
| £138,500 | 4 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 629 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 2016 the House Price Index for SHROPSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £186,500 results in an estimated price of approximately £257,838.
| 4 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £186,500 | £71,338 | £257,838 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -9.172 % | £-17,106 | £169,393 |
| 3 Month Average | 25.946 % | £48,388 | £234,888 |
| 6 Month Average | 29.078 % | £54,229 | £240,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £226,971 | £225,000 | 24 BIRCHLANDS |
| 18 Apr 2023 | £219,098 | £215,000 | 68 BIRCHLANDS |
| 19 Aug 2022 | £350,640 | £349,000 | 39 OAKLANDS |
| 12 Aug 2022 | £236,104 | £235,000 | 16 OAKLANDS |
| 22 Mar 2022 | £260,983 | £250,000 | 64 BIRCHLANDS |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 31 Mar 2009. Using an estimated price of £257,839 means this house is valued at £4,405 per sq meter (£409 per sq foot).
The average size of a house on OAKLANDS is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchlands |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Road |
| Jun 2024 | Drugs | Under investigation | On or near Castlecroft Gardens |
| Jul 2024 | Public order | Under investigation | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |