£708,050
This estimated value is based upon the latest sale price for the house of £699,950 on 27 Feb 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £699,950 | 27 Feb 2024 |
| 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 2024 the House Price Index for SHROPSHIRE was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £699,950 results in an estimated price of approximately £708,050.
| 27 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.6 | 1.157 % | £699,950 | £8,100 | £708,050 |
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 | 40.286 % | £281,981 | £981,931 |
| 3 Month Average | 58.372 % | £408,575 | £1,108,525 |
| 6 Month Average | 5.310 % | £37,164 | £737,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £313,801 | £310,000 | 4 ROUNDTHORN CLOSE |
| 5 Jun 2023 | £708,583 | £700,000 | TUDOR COTTAGE THE LYE |
| 27 Jan 2023 | £427,984 | £430,000 | 1 ROUNDTHORN CLOSE |
| 6 Jan 2023 | £271,720 | £273,000 | 40 WENLOCK RISE |
| 17 Nov 2022 | £258,592 | £261,724 | THE ACTON AT MORVILLE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Prestwich Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Roundthorn Close |