£678,837
This estimated value is based upon the latest sale price for the house of £128,000 on 28 Feb 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 28 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 February 1997 the House Price Index for SHROPSHIRE was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £128,000 results in an estimated price of approximately £678,837.
| 28 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £128,000 | £550,837 | £678,837 |
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 | 270.422 % | £346,140 | £474,140 |
| 3 Month Average | 334.653 % | £428,355 | £556,355 |
| 6 Month Average | 323.875 % | £414,559 | £542,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £301,856 | £295,000 | 43 BRAMBLE RIDGE |
| 19 Sep 2023 | £176,900 | £173,000 | 2 ST LEONARDS VIEW |
| 1 Sep 2023 | £664,652 | £650,000 | 10B LOVE LANE |
| 25 Aug 2023 | £687,398 | £675,000 | 26 LOVE LANE |
| 18 Aug 2023 | £234,224 | £230,000 | 29 ST LEONARDS CLOSE |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 16 Dec 2014. Using an estimated price of £678,837 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on LOVE LANE is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greyfriars |
| Apr 2024 | Other theft | Under investigation | On or near St Leonards Close |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Moat Street |
| May 2024 | Robbery | Under investigation | On or near Moat Street |
| May 2024 | Robbery | Under investigation | On or near Moat Street |