£215,440
This estimated value is based upon the latest sale price for the house of £125,000 on 1 Nov 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 1 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2011 the House Price Index for SHROPSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £125,000 results in an estimated price of approximately £215,440.
| 1 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £125,000 | £90,440 | £215,440 |
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 | 57.908 % | £72,384 | £197,384 |
| 3 Month Average | 41.173 % | £51,466 | £176,466 |
| 6 Month Average | 43.031 % | £53,788 | £178,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £402,034 | £395,000 | 12 QUARRY BANK ROAD |
| 31 Jul 2023 | £608,186 | £600,000 | PLOT 1 FLASH LANE |
| 23 Mar 2023 | £222,092 | £220,000 | 54 QUARRY BANK ROAD |
| 18 Aug 2022 | £688,148 | £690,000 | HUNKY DORY TERN VIEW |
| 16 Nov 2021 | £348,788 | £322,500 | 1 TERN VIEW |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Oct 2021. Using an estimated price of £215,440 means this house is valued at £2,992 per sq meter (£277 per sq foot).
The average size of a house on OAK TREE CLOSE is 122 sq meters (1,316 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Oak Tree Close |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley View |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clifford Road |