£105,406
This estimated value is based upon the latest sale price for the house of £80,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£80,000 | 25 Nov 2016 |
£98,000 | 21 Jun 2006 |
Terraced |
Leasehold |
Floor Area: 35 sq meters or 376 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 2016 the House Price Index for SHROPSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £80,000 results in an estimated price of approximately £105,406.
25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £80,000 | £25,406 | £105,406 |
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 | 34.943 % | £27,954 | £107,954 |
3 Month Average | 39.140 % | £31,312 | £111,312 |
6 Month Average | 22.693 % | £18,154 | £98,154 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £90,980 | £90,000 | 8A HOOK FARM ROAD |
1 Feb 2023 | £349,715 | £349,950 | 25 PRINCESS DRIVE |
9 Jan 2023 | £218,969 | £220,000 | 22 LINLEY VIEW DRIVE |
7 Jun 2022 | £339,802 | £335,000 | 23 PRINCESS DRIVE |
31 May 2022 | £84,594 | £83,000 | 18A HOOK FARM ROAD |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 1 Oct 2014. Using an estimated price of £105,406 means this house is valued at £3,011 per sq meter (£279 per sq foot).
The average size of a house on LINLEY VIEW DRIVE is 67 sq meters (725 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Linley View Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Princess Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Whitmore Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitmore Close |
Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Whitmore Close |