£373,164
This estimated value is based upon the latest sale price for the house of £305,000 on 20 Feb 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 20 Feb 2020 |
| £280,000 | 4 Mar 2016 |
| £262,500 | 18 May 2012 |
| £217,000 | 9 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 February 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 22.349%.Applying this 22.349% change to the original purchase price of £305,000 results in an estimated price of approximately £373,164.
| 20 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £305,000 | £68,164 | £373,164 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | -41.727 % | £-127,268 | £177,731 |
| 3 Month Average | -5.904 % | £-18,006 | £286,993 |
| 6 Month Average | 4.283 % | £13,062 | £318,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £173,027 | £170,000 | 18 WYKE WAY |
| 1 Nov 2023 | £343,079 | £338,000 | 17 MANOR CLOSE |
| 18 Jul 2023 | £202,729 | £200,000 | 32 STAFFORD AVENUE |
| 14 Jul 2023 | £268,615 | £265,000 | 1 MOAT CROFT |
| 9 Feb 2023 | £354,761 | £355,000 | 9 STAFFORD AVENUE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 23 May 2015. Using an estimated price of £373,164 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on MANOR CLOSE is 195 sq meters (2,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Vicarage Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Innage Croft |
| Apr 2024 | Burglary | Under investigation | On or near Tanglewood Close |