£372,454
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£290,000 | 28 Jul 2017 |
£192,000 | 4 Aug 2006 |
Detached |
Freehold |
Floor Area: 184 sq meters or 1,980 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 July 2017 the House Price Index for SHROPSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £290,000 results in an estimated price of approximately £372,454.
28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £290,000 | £82,454 | £372,454 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 2.409 % | £6,986 | £296,986 |
3 Month Average | 1.985 % | £5,756 | £295,756 |
6 Month Average | 15.240 % | £44,196 | £334,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £179,558 | £175,000 | 16 CHESTNUT CLOSE |
3 Aug 2023 | £259,684 | £255,000 | 3 OAK DRIVE |
28 Apr 2023 | £190,564 | £187,000 | 15 OAK DRIVE |
3 Mar 2023 | £160,683 | £158,000 | 11 CHESTNUT CLOSE |
27 Jan 2023 | £285,764 | £285,000 | 1 WALNUT DRIVE |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 13 Oct 2016. Using an estimated price of £372,455 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on WALNUT DRIVE is 111 sq meters (1,205 sq feet).
This house is the largest in the street with a floor area of 184 sq meters (1,980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Walnut Drive | |
Jun 2024 | Anti-social behaviour | On or near Walnut Drive | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ryefield Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ryefield Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatsheaf Drive |