£340,086
This estimated value is based upon the latest sale price for the house of £275,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,000 | 12 Apr 2019 |
| £495,000 | 4 Aug 2005 |
| 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 April 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £275,000 results in an estimated price of approximately £340,086.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £275,000 | £65,086 | £340,086 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 25.931 % | £71,311 | £346,311 |
| 3 Month Average | 23.886 % | £65,687 | £340,687 |
| 6 Month Average | 11.270 % | £30,993 | £305,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £131,236 | £130,000 | 3 SPRINGFIELD COTTAGES HOSPITAL LANE |
| 23 Sep 2022 | £188,478 | £190,000 | 32 ELM DRIVE |
| 19 Aug 2022 | £157,077 | £157,500 | 14 HOSPITAL LANE |
| 29 Jul 2022 | £148,399 | £148,000 | 18 KINGS AVENUE |
| 8 Jul 2022 | £214,578 | £214,000 | 23 KINGS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Elm Drive |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Holly Drive |