£464,007
This estimated value is based upon the latest sale price for the house of £249,500 on 6 Jun 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£249,500 | 6 Jun 2005 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2005 the House Price Index for SHROPSHIRE was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £249,500 results in an estimated price of approximately £464,007.
6 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 149.7 | 85.975 % | £249,500 | £214,507 | £464,007 |
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 | 59.204 % | £147,714 | £397,214 |
3 Month Average | 77.104 % | £192,373 | £441,873 |
6 Month Average | 70.457 % | £175,790 | £425,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £262,278 | £260,000 | 3 INNAGE CRESCENT |
10 Oct 2023 | £271,159 | £265,000 | 67 INNAGE LANE |
2 Aug 2023 | £269,867 | £265,000 | 4 GREENFIELDS ROAD |
15 Mar 2023 | £269,501 | £265,000 | 59 INNAGE LANE |
27 Jan 2023 | £335,898 | £335,000 | 51 INNAGE LANE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 5 Sep 2019. Using an estimated price of £464,007 means this house is valued at £4,034 per sq meter (£374 per sq foot).
The average size of a house on GREENFIELDS ROAD is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Innage Crescent | |
Jun 2024 | Anti-social behaviour | On or near Innage Crescent | |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Innage Crescent |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Innage Crescent |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Orchard Drive |