£471,948
This estimated value is based upon the latest sale price for the house of £325,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 12 Jun 2015 |
| £292,000 | 23 Jan 2006 |
| £233,000 | 29 May 2003 |
| £201,000 | 30 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 June 2015 the House Price Index for SHROPSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £325,000 results in an estimated price of approximately £471,948.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £325,000 | £146,948 | £471,948 |
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 | 13.903 % | £45,184 | £370,184 |
| 3 Month Average | 52.508 % | £170,651 | £495,651 |
| 6 Month Average | 32.288 % | £104,936 | £429,936 |
| 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 |
| 25 Aug 2023 | £680,957 | £675,000 | 26 LOVE LANE |
| 21 Aug 2023 | £388,398 | £385,000 | 17 ABBOTTS WAY |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 4 Jan 2013. Using an estimated price of £471,949 means this house is valued at £3,716 per sq meter (£345 per sq foot).
The average size of a house on BROOK HOLLOW is 175 sq meters (1,888 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 |