£387,117
This estimated value is based upon the latest sale price for the house of £330,000 on 7 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 7 Oct 2020 |
| £149,000 | 5 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £330,000 results in an estimated price of approximately £387,117.
| 7 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £330,000 | £57,117 | £387,117 |
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 | -5.317 % | £-17,547 | £312,452 |
| 3 Month Average | -22.620 % | £-74,644 | £255,355 |
| 6 Month Average | 11.120 % | £36,696 | £366,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £159,540 | £157,500 | 5 ROSELEA CLOSE |
| 8 Sep 2023 | £116,489 | £115,000 | 1 THE BUNGALOWS |
| 28 Jul 2023 | £223,001 | £220,000 | 4 CUMBERLAND MEWS |
| 6 Jul 2023 | £271,149 | £267,500 | 15 WOODHOUSE ROAD |
| 27 Jan 2023 | £218,969 | £220,000 | 7 CUMBERLAND MEWS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 27 Feb 2014. Using an estimated price of £387,117 means this house is valued at £4,301 per sq meter (£399 per sq foot).
The average size of a house on CHAPEL LANE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harris'S Green |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harris'S Green |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barratt'S Hill |
| Feb 2024 | Anti-social behaviour | On or near Barratt'S Hill |