£265,212
This estimated value is based upon the latest sale price for the house of £68,000 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£68,000 | 31 Mar 2000 |
£50,000 | 4 Oct 1996 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 March 2000 the House Price Index for SHROPSHIRE was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £68,000 results in an estimated price of approximately £265,212.
31 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 149.7 | 290.019 % | £68,000 | £197,212 | £265,212 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 435.896 % | £296,409 | £364,409 |
3 Month Average | 300.169 % | £204,115 | £272,115 |
6 Month Average | 280.990 % | £191,072 | £259,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £275,000 | £275,000 | 24 CHERRYBROOK DRIVE |
21 Mar 2024 | £165,543 | £163,000 | 9 ASHMORE CRESCENT |
19 Oct 2023 | £214,829 | £209,950 | 31 EDINBURGH ROAD |
12 Aug 2022 | £236,104 | £235,000 | 54 CHERRYBROOK DRIVE |
3 May 2022 | £256,687 | £250,000 | 2 CHERRYBROOK DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 Oct 2013. Using an estimated price of £265,213 means this house is valued at £2,979 per sq meter (£276 per sq foot).
The average size of a house on CHERRYBROOK DRIVE is 79 sq meters (859 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashmore Crescent |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Crescent |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windsor Crescent |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windsor Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |