£438,952
This estimated value is based upon the latest sale price for the house of £77,250 on 15 Dec 1995. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £77,250 | 15 Dec 1995 |
| Terraced |
| 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 1995 the House Price Index for SHROPSHIRE was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £77,250 results in an estimated price of approximately £438,952.
| 15 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 468.223 % | £77,250 | £361,702 | £438,952 |
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 | 350.776 % | £270,974 | £348,224 |
| 3 Month Average | 365.789 % | £282,571 | £359,821 |
| 6 Month Average | 305.672 % | £236,131 | £313,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £383,402 | £378,500 | 38 HIGHLANDS ROAD |
| 29 Mar 2023 | £514,851 | £510,000 | 13 WELLS CLOSE |
| 24 Nov 2022 | £375,452 | £380,000 | 30 HIGHLANDS ROAD |
| 20 May 2022 | £453,546 | £445,000 | 10 HIGHLANDS ROAD |
| 26 Apr 2022 | £643,624 | £625,000 | 3 DEIGHTONS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Apr 2016. Using an estimated price of £438,952 means this house is valued at £5,556 per sq meter (£516 per sq foot).
The average size of a house on OLDBURY WELLS is 134 sq meters (1,452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Jan 2024 | Anti-social behaviour | On or near Morgan Springs | |
| Jan 2024 | Anti-social behaviour | On or near Morgan Springs | |
| Jan 2024 | Anti-social behaviour | On or near Morgan Springs | |
| Jan 2024 | Anti-social behaviour | On or near Morgan Springs |