£243,657
This estimated value is based upon the latest sale price for the house of £139,000 on 13 Apr 2006. 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 Melton Way
More crime details
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Price Paid | Date |
---|---|
£139,000 | 13 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2006 the House Price Index for SHROPSHIRE was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £139,000 results in an estimated price of approximately £243,657.
13 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 148.6 | 75.293 % | £139,000 | £104,657 | £243,657 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 74.507 % | £103,564 | £242,564 |
3 Month Average | 66.005 % | £91,746 | £230,746 |
6 Month Average | 69.668 % | £96,837 | £235,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £161,412 | £160,000 | 7 BANK FARM MEWS |
22 Jul 2022 | £185,499 | £185,000 | 9 BANK FARM MEWS |
14 Apr 2022 | £143,142 | £139,000 | 2 TALCOTT DRIVE |
19 Nov 2021 | £244,422 | £226,000 | 5 ALDWICK DRIVE |
11 Oct 2021 | £77,453 | £70,000 | 14 HENLOW RISE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 21 May 2013. Using an estimated price of £243,657 means this house is valued at £2,175 per sq meter (£202 per sq foot).
The average size of a house on SOUTHVILLE CLOSE is 69 sq meters (749 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Melton Way |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |