£592,735
This estimated value is based upon the latest sale price for the house of £480,000 on 13 Sep 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£480,000 | 13 Sep 2018 |
£180,393 | 18 Mar 2016 |
Detached |
Freehold |
Floor Area: 228 sq meters or 2,454 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 2018 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 23.487%.Applying this 23.487% change to the original purchase price of £480,000 results in an estimated price of approximately £592,735.
13 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £480,000 | £112,735 | £592,735 |
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 | -0.516 % | £-2,477 | £477,522 |
3 Month Average | 21.117 % | £101,362 | £581,362 |
6 Month Average | 21.838 % | £104,820 | £584,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £440,634 | £435,000 | CHETWYND HOUSE, 6 STRETTON CLOSE |
25 Aug 2023 | £489,280 | £485,000 | 4 HUNTSMANS CLOSE |
10 Aug 2023 | £736,443 | £730,000 | 15 LUDLOW ROAD |
31 Oct 2022 | £306,698 | £310,000 | 49 LUDLOW ROAD |
24 Aug 2022 | £339,087 | £340,000 | 17 LUDLOW HEIGHTS |
This house has a floor area of 228 sq meters or 2,454 sq feet when measured on 29 Mar 2018. Using an estimated price of £592,736 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on LUDLOW ROAD is 152 sq meters (1,640 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
Jan 2024 | Anti-social behaviour | On or near Stretton Close | |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Maudlins Close |