£248,815
This estimated value is based upon the latest sale price for the house of £242,500 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£242,500 | 23 Nov 2023 |
£160,000 | 6 May 2016 |
£154,950 | 22 May 2015 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 November 2023 the House Price Index for SHROPSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £242,500 results in an estimated price of approximately £248,815.
23 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £242,500 | £6,315 | £248,815 |
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 | 148.063 % | £359,053 | £601,553 |
3 Month Average | 13.666 % | £33,140 | £275,640 |
6 Month Average | 12.817 % | £31,081 | £273,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £211,499 | £205,000 | 16 WOODBERRY CLOSE |
23 Nov 2023 | £248,816 | £242,500 | 51A WOODBERRY CLOSE |
1 Feb 2023 | £245,641 | £244,000 | 4 WOODBERRY CLOSE |
29 Jul 2022 | £218,802 | £216,610 | 2 WOODBERRY CLOSE |
1 Jul 2022 | £287,885 | £285,000 | 2 ELIZABETH AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Mar 2014. Using an estimated price of £248,816 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on WOODBERRY CLOSE is 93 sq meters (1,008 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Under investigation | On or near Victoria Road |
May 2024 | Other crime | Under investigation | On or near Victoria Road |
Apr 2024 | Drugs | Local resolution | On or near Victoria Road |