£393,867
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 23 Feb 2007 |
| £190,000 | 1 Oct 2003 |
| 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 February 2007 the House Price Index for SHROPSHIRE was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £240,000 results in an estimated price of approximately £393,867.
| 23 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £240,000 | £153,867 | £393,867 |
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 | 47.665 % | £114,396 | £354,396 |
| 3 Month Average | 66.920 % | £160,608 | £400,608 |
| 6 Month Average | 51.411 % | £123,386 | £363,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £262,278 | £260,000 | 13 CASTLEFIELDS |
| 11 Sep 2023 | £444,805 | £435,000 | CHETWYND HOUSE, 6 STRETTON CLOSE |
| 10 Aug 2023 | £743,408 | £730,000 | 15 LUDLOW ROAD |
| 6 Apr 2023 | £312,852 | £307,000 | 36 CASTLEFIELDS |
| 31 Oct 2022 | £308,968 | £310,000 | 49 LUDLOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Castlefields |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlefields |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Ludlow Road |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Ludlow Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maudlins Close |