£413,199
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Sep 2009. 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 Oldbury Road
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| Price Paid | Date |
|---|---|
| £230,000 | 25 Sep 2009 |
| £250,000 | 14 Oct 2005 |
| £120,000 | 22 Sep 2004 |
| 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 September 2009 the House Price Index for SHROPSHIRE was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £230,000 results in an estimated price of approximately £413,199.
| 25 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £230,000 | £183,199 | £413,199 |
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 | 43.094 % | £99,115 | £329,115 |
| 3 Month Average | 41.922 % | £96,420 | £326,420 |
| 6 Month Average | 42.565 % | £97,899 | £327,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £487,500 | £487,500 | 6 MERTON TERRACE |
| 10 May 2024 | £290,000 | £290,000 | 49 OLDBURY WELLS |
| 3 Nov 2023 | £466,851 | £455,000 | 5 MERTON TERRACE |
| 2 Jun 2023 | £591,861 | £580,000 | SWAN BANK, 12 FELLS ORCHARD |
| 11 Apr 2023 | £402,529 | £395,000 | 1 LAUREL VILLAS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Oldbury Road | |
| May 2024 | Anti-social behaviour | On or near Oldbury Road | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Oldbury Road |
| May 2024 | Anti-social behaviour | On or near Oldbury Road | |
| May 2024 | Drugs | Under investigation | On or near Fells Orchard |