£927,799
This estimated value is based upon the latest sale price for the house of £305,000 on 1 Mar 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There have been two burglaries within the last year on or near Stanley Lane
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| Price Paid | Date |
|---|---|
| £305,000 | 1 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 March 2002 the House Price Index for SHROPSHIRE was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £305,000 results in an estimated price of approximately £927,799.
| 1 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £305,000 | £622,799 | £927,799 |
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 | 123.318 % | £376,119 | £681,119 |
| 3 Month Average | 185.067 % | £564,453 | £869,453 |
| 6 Month Average | 167.917 % | £512,145 | £817,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £580,037 | £575,000 | 21 BROOK HOLLOW |
| 15 Mar 2024 | £639,830 | £630,000 | 3 BROOK HOLLOW |
| 10 Nov 2023 | £559,195 | £545,000 | 22 BRAMBLE RIDGE |
| 26 Oct 2023 | £301,856 | £295,000 | 43 BRAMBLE RIDGE |
| 13 Oct 2023 | £491,155 | £480,000 | 7 BROOK HOLLOW |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 20 Mar 2015. Using an estimated price of £927,800 means this house is valued at £4,883 per sq meter (£453 per sq foot).
The average size of a house on BROOK HOLLOW is 175 sq meters (1,888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Stanley Lane |
| Jul 2024 | Burglary | Under investigation | On or near Stanley Lane |
| Jul 2024 | Public order | Under investigation | On or near Sports/Recreation Area |