£449,130
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Sep 2009. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£250,000 | 23 Sep 2009 |
£88,000 | 20 May 1998 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,053 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 2009 the House Price Index for SHROPSHIRE was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £250,000 results in an estimated price of approximately £449,130.
23 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £250,000 | £199,130 | £449,130 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 11.744 % | £29,360 | £279,360 |
3 Month Average | 46.247 % | £115,617 | £365,617 |
6 Month Average | 56.260 % | £140,650 | £390,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £324,993 | £320,000 | 11 LAVINGTON VIEW |
5 Apr 2023 | £275,146 | £270,000 | 7 ST JAMES DRIVE |
20 Jan 2022 | £233,244 | £220,000 | 18 ST JAMES DRIVE |
29 Nov 2021 | £299,618 | £275,000 | 93 WELL MEADOW |
24 Sep 2021 | £379,949 | £350,000 | 1 ST JAMES DRIVE |
This house has a floor area of 97 sq meters or 1,053 sq feet when measured on 22 Oct 2008. Using an estimated price of £449,130 means this house is valued at £4,590 per sq meter (£426 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A442 |
May 2024 | Anti-social behaviour | On or near A442 | |
May 2024 | Anti-social behaviour | On or near A442 | |
May 2024 | Anti-social behaviour | On or near A442 | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near A442 |