£588,951
This estimated value is based upon the latest sale price for the house of £112,500 on 7 Mar 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £112,500 | 7 Mar 1997 |
| 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 March 1997 the House Price Index for SHROPSHIRE was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £112,500 results in an estimated price of approximately £588,951.
| 7 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.513 % | £112,500 | £476,451 | £588,951 |
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 | 323.065 % | £363,447 | £475,947 |
| 3 Month Average | 337.924 % | £380,163 | £492,663 |
| 6 Month Average | 286.007 % | £321,758 | £434,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £284,208 | £280,000 | 57 RASTRICK CLOSE |
| 30 Jun 2023 | £270,274 | £267,000 | 73 RASTRICK CLOSE |
| 6 Apr 2023 | £252,671 | £249,950 | 15 HAZLEDINE WAY |
| 6 Jan 2023 | £271,720 | £273,000 | 40 WENLOCK RISE |
| 9 Sep 2022 | £461,275 | £465,000 | HUNDRED HOUSE FARM LUDLOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Maudlins Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rastrick Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rastrick Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazledine Way |
| Apr 2024 | Anti-social behaviour | On or near Bayern Drive |