£541,418
This estimated value is based upon the latest sale price for the house of £363,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £363,000 | 12 Dec 2014 |
| £310,000 | 2 Sep 2009 |
| Terraced |
| Freehold |
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 December 2014 the House Price Index for SHROPSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £363,000 results in an estimated price of approximately £541,418.
| 12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £363,000 | £178,418 | £541,418 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 61.548 % | £223,420 | £586,420 |
| 3 Month Average | 45.744 % | £166,050 | £529,050 |
| 6 Month Average | 40.119 % | £145,631 | £508,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £393,442 | £390,000 | 18 STEPPES WAY |
| 7 Jul 2023 | £433,332 | £427,500 | CAVOK, 16 STEPPES WAY |
| 24 Feb 2023 | £484,674 | £485,000 | THE CHESTNUTS VILLAGE ROAD |
| 16 Sep 2022 | £220,718 | £222,500 | 18 KENFIELDS CLOSE |
| 6 Jul 2022 | £511,377 | £510,000 | 1 STEPPES WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Ollerton Lane |