£290,316
This estimated value is based upon the latest sale price for the house of £235,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£235,000 | 22 Mar 2019 |
£186,000 | 19 Dec 2012 |
£165,000 | 23 Apr 2010 |
£176,000 | 14 Aug 2009 |
£93,000 | 2 Apr 2002 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £235,000 results in an estimated price of approximately £290,316.
22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £235,000 | £55,316 | £290,316 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 25.635 % | £60,241 | £295,241 |
3 Month Average | 22.232 % | £52,244 | £287,244 |
6 Month Average | 12.028 % | £28,264 | £263,264 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £199,144 | £197,000 | 78 FARCROFT DRIVE |
5 Aug 2022 | £299,145 | £299,950 | 15 FOREST ROAD |
24 Jun 2022 | £233,297 | £230,000 | 127 ELM DRIVE |
14 Jun 2022 | £215,039 | £212,000 | 74 ELM DRIVE |
27 May 2022 | £277,224 | £272,000 | 28 FOREST ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 Oct 2018. Using an estimated price of £290,316 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on FOREST ROAD is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Elm Drive |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near School Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Red Barn Road |
Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
Feb 2024 | Anti-social behaviour | On or near Red Barn Road |