£74,088
This estimated value is based upon the latest sale price for the house of £29,000 on 16 Dec 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£29,000 | 16 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 2002 the House Price Index for SHROPSHIRE was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £29,000 results in an estimated price of approximately £74,088.
16 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £29,000 | £45,088 | £74,088 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 278.920 % | £80,886 | £109,886 |
3 Month Average | 125.574 % | £36,416 | £65,416 |
6 Month Average | 91.997 % | £26,679 | £55,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 May 2024 | £163,500 | £163,500 | 23 WESTON CLOSE |
29 Sep 2023 | £163,607 | £160,000 | 14 BALFOUR ROAD |
18 Aug 2023 | £226,587 | £222,500 | 24 DRAYTON ROAD |
8 Sep 2022 | £172,385 | £172,500 | 30 ADMIRALS CLOSE |
1 Sep 2022 | £132,412 | £132,500 | 9 WESTON CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 Jan 2014. Using an estimated price of £74,088 means this house is valued at £974 per sq meter (£90 per sq foot).
The average size of a house on MEADOW DRIVE is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Drive |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Coppice Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Drayton Road |
Jul 2024 | Other crime | Under investigation | On or near Rodney Close |
Jul 2024 | Other crime | Under investigation | On or near Rodney Close |