£450,445
This estimated value is based upon the latest sale price for the house of £272,000 on 12 Sep 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £272,000 | 12 Sep 2013 |
| £293,000 | 18 Nov 2005 |
| £275,000 | 17 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2013 the House Price Index for SHROPSHIRE was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £272,000 results in an estimated price of approximately £450,445.
| 12 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £272,000 | £178,445 | £450,445 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 102.322 % | £278,316 | £550,316 |
| 3 Month Average | 74.887 % | £203,692 | £475,692 |
| 6 Month Average | 46.324 % | £126,002 | £398,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £117,592 | £115,000 | 1 THE BUNGALOWS |
| 8 Sep 2023 | £161,050 | £157,500 | 5 ROSELEA CLOSE |
| 27 Jan 2023 | £220,589 | £220,000 | 7 CUMBERLAND MEWS |
| 7 Sep 2022 | £9,993 | £10,000 | 24 PADMANS ALLEY |
| 21 Jul 2022 | £186,872 | £185,000 | 1 BARRATTS HILL |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Sep 2012. Using an estimated price of £450,446 means this house is valued at £4,741 per sq meter (£440 per sq foot).
The average size of a house on CHAPEL LANE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Mill Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barratt'S Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barratt'S Hill |