£249,952
This estimated value is based upon the latest sale price for the house of £230,250 on 16 Sep 2021. 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 Queensway Drive
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| Price Paid | Date |
|---|---|
| £230,250 | 16 Sep 2021 |
| £180,000 | 27 Jul 2006 |
| £86,500 | 4 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2021 the House Price Index for SHROPSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £230,250 results in an estimated price of approximately £249,952.
| 16 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £230,250 | £19,702 | £249,952 |
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 | -45.476 % | £-104,709 | £125,540 |
| 3 Month Average | 36.249 % | £83,462 | £313,712 |
| 6 Month Average | 36.204 % | £83,358 | £313,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £266,042 | £260,000 | 37 DUCHESS DRIVE |
| 6 Oct 2023 | £289,065 | £282,500 | 5 WHITMORE CLOSE |
| 8 Sep 2023 | £258,192 | £252,500 | 27 DUNVAL ROAD |
| 12 Aug 2022 | £301,409 | £300,000 | 2 GOLDSTONE DRIVE |
| 24 Jun 2022 | £321,881 | £315,000 | 21 QUEENSWAY DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 Oct 2014. Using an estimated price of £249,952 means this house is valued at £3,424 per sq meter (£318 per sq foot).
The average size of a house on QUEENSWAY DRIVE is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Queensway Drive |
| Jun 2024 | Burglary | Under investigation | On or near Queensway Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queensway Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queensway Drive |
| Jul 2024 | Burglary | Under investigation | On or near Duchess Drive |