£459,792
This estimated value is based upon the latest sale price for the house of £270,000 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 7 Sep 2012 |
| £200,000 | 30 Jun 2009 |
| £200,000 | 30 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2012 the House Price Index for SHROPSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £270,000 results in an estimated price of approximately £459,792.
| 7 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £270,000 | £189,792 | £459,792 |
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 | 43.568 % | £117,632 | £387,632 |
| 3 Month Average | 58.582 % | £158,170 | £428,170 |
| 6 Month Average | 27.566 % | £74,429 | £344,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £630,000 | £630,000 | 3 BROOK HOLLOW |
| 10 Nov 2023 | £553,190 | £545,000 | 22 BRAMBLE RIDGE |
| 2 Nov 2023 | £436,462 | £430,000 | 15 BRAMBLE RIDGE |
| 1 Sep 2023 | £658,419 | £650,000 | 10B LOVE LANE |
| 25 Aug 2023 | £680,957 | £675,000 | 26 LOVE LANE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 19 Jun 2013. Using an estimated price of £459,793 means this house is valued at £3,896 per sq meter (£362 per sq foot).
The average size of a house on LOVE LANE is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Lane |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Stanley Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greyfriars |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greyfriars |