£468,083
This estimated value is based upon the latest sale price for the house of £152,000 on 1 Feb 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Grooms Lane
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| Price Paid | Date |
|---|---|
| £152,000 | 1 Feb 2002 |
| Detached |
| Freehold |
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 February 2002 the House Price Index for SHROPSHIRE was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £152,000 results in an estimated price of approximately £468,083.
| 1 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £152,000 | £316,083 | £468,083 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 63.971 % | £97,236 | £249,236 |
| 3 Month Average | 99.493 % | £151,228 | £303,228 |
| 6 Month Average | 134.082 % | £203,805 | £355,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £1,568,724 | £1,555,000 | BROCKTON PARK |
| 8 Aug 2023 | £691,045 | £685,000 | HEATH MOUNT MILL LANE |
| 31 Mar 2023 | £2,644,918 | £2,620,000 | UNIT 2 EPIC PARK HALESFIELD 6 |
| 30 Jan 2023 | £995,311 | £1,000,000 | UNIT C HALESFIELD 10 |
| 4 Nov 2022 | £301,844 | £305,500 | MILLPOND COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grooms Lane |