£196,348
This estimated value is based upon the latest sale price for the house of £158,000 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,000 | 13 Dec 2018 |
| £124,950 | 22 Oct 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2018 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £158,000 results in an estimated price of approximately £196,348.
| 13 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £158,000 | £38,348 | £196,348 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 14.915 % | £23,566 | £181,566 |
| 3 Month Average | 21.864 % | £34,545 | £192,545 |
| 6 Month Average | 22.196 % | £35,069 | £193,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £264,057 | £260,000 | 21 MELROSE CRESCENT |
| 13 Dec 2023 | £211,499 | £205,000 | 23 BARTONS ROAD |
| 4 Dec 2023 | £232,133 | £225,000 | 2 MELROSE CRESCENT |
| 30 Nov 2023 | £292,423 | £285,000 | 15 MELROSE CRESCENT |
| 29 Sep 2023 | £194,283 | £190,000 | 19 SIMONS ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Oct 2018. Using an estimated price of £196,348 means this house is valued at £2,485 per sq meter (£230 per sq foot).
The average size of a house on DRAYCOTT CLOSE is 118 sq meters (1,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bartons Lane |
| May 2024 | Anti-social behaviour | On or near Bartons Lane | |
| May 2024 | Anti-social behaviour | On or near Bartons Lane | |
| May 2024 | Anti-social behaviour | On or near Bartons Lane | |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Charlesway |