£179,929
This estimated value is based upon the latest sale price for the house of £133,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,000 | 6 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £133,000 results in an estimated price of approximately £179,929.
| 6 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £133,000 | £46,929 | £179,929 |
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 | 107.877 % | £143,476 | £276,476 |
| 3 Month Average | 40.614 % | £54,017 | £187,017 |
| 6 Month Average | 30.773 % | £40,927 | £173,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £235,990 | £230,000 | 11 CURRIERS LANE |
| 15 Nov 2023 | £215,469 | £210,000 | 45 GREENFIELDS |
| 10 Nov 2023 | £430,939 | £420,000 | 8 GREENFIELDS |
| 3 Nov 2023 | £292,423 | £285,000 | 32 SPRINGHILL |
| 31 Mar 2023 | £414,421 | £407,500 | 24 SPRINGHILL |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Oct 2015. Using an estimated price of £179,930 means this house is valued at £2,044 per sq meter (£189 per sq foot).
The average size of a house on GREENFIELDS is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Greenfields Crescent | |
| May 2024 | Anti-social behaviour | On or near Greenfields Crescent | |
| May 2024 | Anti-social behaviour | On or near Greenfields Crescent | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springhill |