£275,405
This estimated value is based upon the latest sale price for the house of £214,950 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £214,950 | 30 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2017 the House Price Index for SHROPSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £214,950 results in an estimated price of approximately £275,405.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £214,950 | £60,455 | £275,405 |
The Postcode Pricing Model uses changes in average sales price within the SY12 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 | -43.759 % | £-94,060 | £120,889 |
| 3 Month Average | 37.504 % | £80,615 | £295,565 |
| 6 Month Average | 30.267 % | £65,059 | £280,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £328,091 | £325,000 | 8 DIAMOND WAY |
| 1 Sep 2022 | £262,872 | £264,995 | 8 TETCHILL BROOK ROAD |
| 11 Apr 2022 | £187,423 | £182,000 | 20 DIAMOND WAY |
| 4 Feb 2022 | £272,655 | £259,995 | 31 DIAMOND WAY |
| 14 Jan 2022 | £196,800 | £187,000 | 37 DIAMOND WAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 23 May 2017. Using an estimated price of £275,406 means this house is valued at £2,726 per sq meter (£253 per sq foot).
The average size of a house on TETCHILL BROOK ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tetchill Brook Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tetchill Brook Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tetchill Brook Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Diamond Way |
| Jan 2024 | Anti-social behaviour | On or near Canal Way |