£253,920
This estimated value is based upon the latest sale price for the house of £147,800 on 18 May 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,800 | 18 May 2012 |
| £80,000 | 26 Jan 2001 |
| £57,500 | 27 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 590 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 May 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £147,800 results in an estimated price of approximately £253,920.
| 18 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £147,800 | £106,120 | £253,920 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 41.446 % | £61,257 | £209,057 |
| 3 Month Average | 65.202 % | £96,368 | £244,168 |
| 6 Month Average | 89.094 % | £131,681 | £279,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £226,971 | £225,000 | 24 BIRCHLANDS |
| 18 Apr 2023 | £219,098 | £215,000 | 68 BIRCHLANDS |
| 19 Aug 2022 | £350,640 | £349,000 | 39 OAKLANDS |
| 12 Aug 2022 | £236,104 | £235,000 | 16 OAKLANDS |
| 22 Mar 2022 | £260,983 | £250,000 | 64 BIRCHLANDS |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 10 Mar 2011. Using an estimated price of £253,920 means this house is valued at £4,625 per sq meter (£429 per sq foot).
The average size of a house on OAKLANDS is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchlands |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Road |
| Jun 2024 | Drugs | Under investigation | On or near Castlecroft Gardens |
| Jul 2024 | Public order | Under investigation | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |