£354,720
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Jun 2019. 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 Chapel Lane
More crime details
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| Price Paid | Date |
|---|---|
| £285,000 | 14 Jun 2019 |
| £197,500 | 30 Jul 2004 |
| Semi-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 June 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £285,000 results in an estimated price of approximately £354,720.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £285,000 | £69,720 | £354,720 |
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 | -4.529 % | £-12,907 | £272,092 |
| 3 Month Average | 4.431 % | £12,627 | £297,627 |
| 6 Month Average | 39.872 % | £113,636 | £398,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £302,683 | £295,000 | 80 THE HOBBINS |
| 12 Oct 2023 | £424,645 | £415,000 | 6 STANMORE MEWS |
| 5 Jun 2023 | £433,691 | £425,000 | WEST RIDGE CHAPEL LANE |
| 8 Sep 2022 | £437,208 | £437,500 | FOX HOUSE |
| 12 Aug 2022 | £507,372 | £505,000 | 5 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jun 2024 | Other theft | Under investigation | On or near Old Worcester Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Worcester Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Chapel Lane |