£243,202
This estimated value is based upon the latest sale price for the house of £227,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £227,000 | 17 Dec 2021 |
| £171,000 | 24 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for SHROPSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £227,000 results in an estimated price of approximately £243,202.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £227,000 | £16,202 | £243,202 |
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 | 30.435 % | £69,086 | £296,086 |
| 3 Month Average | -6.677 % | £-15,157 | £211,842 |
| 6 Month Average | -8.908 % | £-20,222 | £206,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £299,433 | £295,000 | 80 THE HOBBINS |
| 6 Jul 2023 | £319,297 | £315,000 | 148 THE HOBBINS |
| 17 Dec 2021 | £243,203 | £227,000 | 3 THE HOBBINS |
| 2 Jul 2021 | £206,868 | £180,000 | 64 THE HOBBINS |
| 21 Dec 2020 | £241,594 | £210,500 | 108 THE HOBBINS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Apr 2018. Using an estimated price of £243,203 means this house is valued at £3,078 per sq meter (£286 per sq foot).
The average size of a house on THE HOBBINS is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hobbins |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Hobbins |
| Jan 2024 | Anti-social behaviour | On or near The Hobbins | |
| Jan 2024 | Anti-social behaviour | On or near The Hobbins | |
| Jan 2024 | Anti-social behaviour | On or near The Hobbins |