£844,377
This estimated value is based upon the latest sale price for the house of £775,000 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £775,000 | 11 Nov 2021 |
| £480,000 | 1 Sep 2003 |
| 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 November 2021 the House Price Index for SHROPSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £775,000 results in an estimated price of approximately £844,377.
| 11 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £775,000 | £69,377 | £844,377 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -45.547 % | £-352,993 | £422,006 |
| 3 Month Average | -23.373 % | £-181,144 | £593,855 |
| 6 Month Average | -4.040 % | £-31,311 | £743,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £450,000 | £450,000 | THE DORMERS SANDPIT LANE |
| 19 Apr 2024 | £206,796 | £205,000 | 4 BROOKSIDE DRIVE |
| 24 Feb 2023 | £251,681 | £250,000 | THE OLD HOUSE HILTON |
| 18 Nov 2022 | £368,278 | £370,000 | 1 WATERWORKS HOUSES |
| 4 Mar 2022 | £1,252,720 | £1,200,000 | WHITE HOUSE HILTON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Brookside Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sandpit Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sandpit Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Other crime | Under investigation | On or near Petrol Station |