£207,010
This estimated value is based upon the latest sale price for the house of £155,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 24 Jun 2016 |
| £87,000 | 25 Aug 2000 |
| £62,950 | 28 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2016 the House Price Index for SHROPSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £155,000 results in an estimated price of approximately £207,010.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £155,000 | £52,010 | £207,010 |
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 | 15.500 % | £24,025 | £179,025 |
| 3 Month Average | 56.999 % | £88,348 | £243,348 |
| 6 Month Average | 38.869 % | £60,247 | £215,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £270,274 | £267,000 | 73 RASTRICK CLOSE |
| 28 Feb 2023 | £524,647 | £525,000 | 2D HARLEY WAY |
| 31 Aug 2022 | £249,279 | £249,950 | 3 RASTRICK CLOSE |
| 27 May 2022 | £217,091 | £213,000 | 8 TINING CLOSE |
| 25 Mar 2022 | £284,972 | £275,000 | 45 RASTRICK CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Dec 2012. Using an estimated price of £207,010 means this house is valued at £3,285 per sq meter (£305 per sq foot).
The average size of a house on TINING CLOSE is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Maudlins Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rastrick Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rastrick Close |
| Apr 2024 | Anti-social behaviour | On or near Bayern Drive | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazledine Way |