£234,491
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Jun 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Jun 2008 |
| £43,000 | 29 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2008 the House Price Index for SHROPSHIRE was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £145,000 results in an estimated price of approximately £234,491.
| 13 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £145,000 | £89,491 | £234,491 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 51.789 % | £75,094 | £220,094 |
| 3 Month Average | 33.755 % | £48,944 | £193,944 |
| 6 Month Average | 26.736 % | £38,767 | £183,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £184,133 | £185,000 | 61 LABURNUM DRIVE |
| 10 Oct 2022 | £237,443 | £240,000 | 47A LABURNUM DRIVE |
| 25 Jul 2022 | £181,489 | £181,000 | 47 LABURNUM DRIVE |
| 17 Dec 2021 | £155,350 | £145,000 | 28 FIR GROVE |
| 5 Nov 2021 | £180,613 | £167,000 | 13 CHESTNUT AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Jul 2012. Using an estimated price of £234,492 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on CHESTNUT AVENUE is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Chestnut Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Chestnut Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Chestnut Avenue |