£396,913
This estimated value is based upon the latest sale price for the house of £232,500 on 25 Aug 2010. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£232,500 | 25 Aug 2010 |
£230,000 | 8 Jun 2007 |
Detached |
Freehold |
Floor Area: 74 sq meters or 805 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 August 2010 the House Price Index for SHROPSHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £232,500 results in an estimated price of approximately £396,913.
25 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.715 % | £232,500 | £164,413 | £396,913 |
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 | 42.297 % | £98,340 | £330,840 |
3 Month Average | 39.832 % | £92,608 | £325,108 |
6 Month Average | 44.472 % | £103,396 | £335,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £262,278 | £260,000 | 13 CASTLEFIELDS |
11 Sep 2023 | £444,805 | £435,000 | CHETWYND HOUSE, 6 STRETTON CLOSE |
10 Aug 2023 | £743,408 | £730,000 | 15 LUDLOW ROAD |
6 Apr 2023 | £312,852 | £307,000 | 36 CASTLEFIELDS |
31 Oct 2022 | £308,968 | £310,000 | 49 LUDLOW ROAD |
This house has a floor area of 74 sq meters or 805 sq feet when measured on 24 Sep 2009. Using an estimated price of £396,913 means this house is valued at £5,304 per sq meter (£492 per sq foot).
There is one other house on the street which we know the size of, this is 4 UPLANDS DRIVE it is 109.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Castlefields |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlefields |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Ludlow Road |
May 2024 | Drugs | Unable to prosecute suspect | On or near Ludlow Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maudlins Close |