£222,796
This estimated value is based upon the latest sale price for the house of £215,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 23 Mar 2022 |
| £178,000 | 3 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 March 2022 the House Price Index for SHROPSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £215,000 results in an estimated price of approximately £222,796.
| 23 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £215,000 | £7,796 | £222,796 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | -15.789 % | £-33,946 | £181,053 |
| 3 Month Average | -26.047 % | £-56,001 | £158,998 |
| 6 Month Average | 16.927 % | £36,392 | £251,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £190,330 | £187,000 | 18 BRANDYWELL ROAD |
| 1 Nov 2023 | £220,768 | £217,500 | 39 COCKSHUTT LANE |
| 1 Nov 2023 | £177,630 | £175,000 | 5 BRANDYWELL ROAD |
| 21 Apr 2023 | £197,122 | £195,000 | 16 BRAMBLEWOOD |
| 3 Mar 2023 | £244,302 | £242,000 | 38 COCKSHUTT LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 31 Aug 2021. Using an estimated price of £222,796 means this house is valued at £3,481 per sq meter (£323 per sq foot).
The average size of a house on REDFIELD CLOSE is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redfield Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Underwood |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshutt Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshutt Lane |