£761,833
This estimated value is based upon the latest sale price for the house of £172,000 on 13 May 1999. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 13 May 1999 |
| Detached |
| Freehold |
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 May 1999 the House Price Index for SHROPSHIRE was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £172,000 results in an estimated price of approximately £761,833.
| 13 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £172,000 | £589,833 | £761,833 |
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 | 237.669 % | £408,790 | £580,790 |
| 3 Month Average | 277.646 % | £477,550 | £649,550 |
| 6 Month Average | 234.885 % | £404,002 | £576,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £461,837 | £455,000 | 5 MERTON TERRACE |
| 2 Jun 2023 | £587,112 | £580,000 | SWAN BANK, 12 FELLS ORCHARD |
| 11 Apr 2023 | £399,299 | £395,000 | 1 LAUREL VILLAS |
| 7 Sep 2022 | £533,194 | £537,500 | 8 FELLS ORCHARD |
| 31 Aug 2022 | £403,913 | £405,000 | HILLCROFT OLDBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Halfway House Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Halfway House Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Severnvale |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Farm Lane |