£221,805
This estimated value is based upon the latest sale price for the house of £130,000 on 27 Apr 2012. 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 Riddings Close
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| Price Paid | Date |
|---|---|
| £130,000 | 27 Apr 2012 |
| £46,250 | 4 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 April 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £130,000 results in an estimated price of approximately £221,805.
| 27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £130,000 | £91,805 | £221,805 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 38.036 % | £49,446 | £179,446 |
| 3 Month Average | 13.121 % | £17,056 | £147,056 |
| 6 Month Average | 46.221 % | £60,087 | £190,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £203,562 | £200,000 | 6 PRESTAGE CLOSE |
| 1 Dec 2023 | £188,295 | £185,000 | 27 GUEST ROAD |
| 28 Feb 2023 | £300,798 | £301,000 | 4 POUND CRESCENT |
| 1 Jun 2022 | £355,017 | £350,000 | 2 CAUGHLEY CLOSE |
| 8 Apr 2022 | £324,387 | £315,000 | 12 TARBACH CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 3 Mar 2014. Using an estimated price of £221,806 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on RIDDINGS CLOSE is 99 sq meters (1,069 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Riddings Close |
| Apr 2024 | Anti-social behaviour | On or near Tarbach Close | |
| Jan 2024 | Drugs | Local resolution | On or near Prestage Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Drive |
| Apr 2024 | Public order | Under investigation | On or near Beech Drive |