£279,087
This estimated value is based upon the latest sale price for the house of £165,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 7 Dec 2012 |
| £98,500 | 24 May 2001 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 586 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 December 2012 the House Price Index for SHROPSHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £165,000 results in an estimated price of approximately £279,087.
| 7 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £165,000 | £114,087 | £279,087 |
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 | 57.280 % | £94,511 | £259,511 |
| 3 Month Average | 57.029 % | £94,097 | £259,097 |
| 6 Month Average | 34.612 % | £57,110 | £222,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £440,634 | £435,000 | CHETWYND HOUSE, 6 STRETTON 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 |
| 29 Jul 2022 | £282,761 | £282,000 | 24 LUDLOW HEIGHTS |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 19 Nov 2010. Using an estimated price of £279,087 means this house is valued at £5,120 per sq meter (£475 per sq foot).
The average size of a house on LUDLOW ROAD is 152 sq meters (1,640 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (586 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 |