£318,210
This estimated value is based upon the latest sale price for the house of £258,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £258,000 | 26 Jul 2019 |
| 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 July 2019 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £258,000 results in an estimated price of approximately £318,210.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £258,000 | £60,210 | £318,210 |
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 | -7.830 % | £-20,201 | £237,798 |
| 3 Month Average | 20.343 % | £52,485 | £310,485 |
| 6 Month Average | 27.883 % | £71,937 | £329,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £183,155 | £179,950 | 8 GREYFRIARS HOUSE KINGS COURT |
| 29 Sep 2023 | £385,935 | £381,000 | 2 GOODWOOD AVENUE |
| 8 Sep 2023 | £425,440 | £420,000 | 25 GOODWOOD AVENUE |
| 21 Feb 2023 | £184,876 | £185,000 | 19 GREYFRIARS HOUSE KINGS COURT |
| 20 Jan 2023 | £218,969 | £220,000 | PORTMAN LEASE CONTRACTS STOURBRIDGE ROAD INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Old Worcester Road |
| Mar 2024 | Drugs | Under investigation | On or near Old Worcester Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kidderminster Road |
| Apr 2024 | Anti-social behaviour | On or near Kidderminster Road | |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Kidderminster Road |