£311,911
This estimated value is based upon the latest sale price for the house of £255,000 on 5 May 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 5 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2020 the House Price Index for SHROPSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £255,000 results in an estimated price of approximately £311,911.
| 5 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £255,000 | £56,911 | £311,911 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 26.021 % | £66,354 | £321,354 |
| 3 Month Average | 38.297 % | £97,657 | £352,657 |
| 6 Month Average | 28.705 % | £73,197 | £328,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £282,471 | £280,000 | 53 CHANCEL DRIVE |
| 23 Jun 2023 | £229,783 | £227,000 | 39 CHANCEL DRIVE |
| 31 Mar 2023 | £363,424 | £360,000 | 3 GALLOWSFIELD WALK |
| 27 Jan 2023 | £313,523 | £315,000 | 31 CHANCEL DRIVE |
| 21 Nov 2022 | £163,025 | £165,000 | 6 AUMBRY CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 11 Feb 2020. Using an estimated price of £311,911 means this house is valued at £2,621 per sq meter (£243 per sq foot).
The average size of a house on GALLOWSFIELD WALK is 161 sq meters (1,733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aumbry Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancel Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Rogers Close |
| Feb 2024 | Anti-social behaviour | On or near Warwick Rogers Close | |
| Feb 2024 | Anti-social behaviour | On or near Warwick Rogers Close |