£383,328
This estimated value is based upon the latest sale price for the house of £380,000 on 11 Apr 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 11 Apr 2024 |
| £140,000 | 30 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 April 2024 the House Price Index for SHROPSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £380,000 results in an estimated price of approximately £383,328.
| 11 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £380,000 | £3,328 | £383,328 |
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 | 3.270 % | £12,425 | £392,425 |
| 3 Month Average | -4.180 % | £-15,885 | £364,114 |
| 6 Month Average | 9.861 % | £37,470 | £417,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £103,000 | £103,000 | 21 TALBOT COURT SALOP STREET |
| 11 Apr 2024 | £383,329 | £380,000 | CHERRY TREE HOUSE OLDBURY WELLS |
| 17 Nov 2023 | £246,251 | £240,000 | 21 POUND STREET |
| 15 Aug 2023 | £458,265 | £450,000 | 6 THE HAWTHORNS |
| 3 Jan 2023 | £100,268 | £100,000 | 52 TALBOT COURT SALOP STREET |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 24 Nov 2021. Using an estimated price of £383,329 means this house is valued at £2,441 per sq meter (£226 per sq foot).
The average size of a house on OLDBURY WELLS is 134 sq meters (1,452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilly Bank |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Deighton'S Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Pound Street |
| May 2024 | Anti-social behaviour | On or near Pound Street | |
| May 2024 | Anti-social behaviour | On or near Pound Street |