£223,332
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Apr 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 1 Apr 2005 |
| £42,500 | 31 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2005 the House Price Index for SHROPSHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £120,000 results in an estimated price of approximately £223,332.
| 1 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £120,000 | £103,332 | £223,332 |
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 | 52.261 % | £62,713 | £182,713 |
| 3 Month Average | 34.282 % | £41,138 | £161,138 |
| 6 Month Average | 42.724 % | £51,268 | £171,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £213,156 | £210,000 | 8 BARRINGTON COURT |
| 15 Nov 2023 | £197,930 | £195,000 | 2 RODNEY CLOSE |
| 29 Sep 2023 | £162,072 | £160,000 | 14 BALFOUR ROAD |
| 1 Sep 2023 | £222,849 | £220,000 | 6 RODNEY CLOSE |
| 18 Aug 2023 | £224,464 | £222,500 | 24 DRAYTON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Feb 2020. Using an estimated price of £223,332 means this house is valued at £3,988 per sq meter (£370 per sq foot).
The average size of a house on DRAYTON ROAD is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balfour Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Admirals Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coppice Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Coppice Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Newport Road |