£541,719
This estimated value is based upon the latest sale price for the house of £192,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £192,000 | 26 Jul 2002 |
| £200,000 | 16 Apr 2002 |
| £88,000 | 29 Sep 1998 |
| Detached |
| Freehold |
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 July 2002 the House Price Index for SHROPSHIRE was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £192,000 results in an estimated price of approximately £541,719.
| 26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £192,000 | £349,719 | £541,719 |
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 | 95.227 % | £182,835 | £374,835 |
| 3 Month Average | 109.319 % | £209,892 | £401,892 |
| 6 Month Average | 128.202 % | £246,147 | £438,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £251,870 | £248,000 | 15 REDSTONE DRIVE |
| 5 Mar 2024 | £289,447 | £285,000 | 12 WILLOW DRIVE |
| 4 Sep 2023 | £398,791 | £390,000 | LANGTON BRIDGNORTH ROAD |
| 1 Sep 2023 | £373,227 | £365,000 | 1 CARLTON RISE |
| 9 Mar 2023 | £488,152 | £480,000 | 4 CARLTON RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Willow Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Willow Drive |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Willow Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Willow Drive |