£517,554
This estimated value is based upon the latest sale price for the house of £347,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £347,000 | 19 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 sq feet |
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 December 2014 the House Price Index for SHROPSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £347,000 results in an estimated price of approximately £517,554.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £347,000 | £170,554 | £517,554 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 13.156 % | £45,650 | £392,650 |
| 3 Month Average | 10.428 % | £36,185 | £383,185 |
| 6 Month Average | 22.758 % | £78,971 | £425,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £517,664 | £510,000 | 15 MEAD WAY |
| 6 Apr 2023 | £222,395 | £220,000 | 98 STONE DRIVE |
| 6 Apr 2023 | £323,483 | £320,000 | 31 SILVERMERE PARK |
| 14 Jul 2022 | £601,619 | £600,000 | 4 STAFFORD PLACE |
| 17 Jan 2022 | £520,942 | £495,000 | 16 SILVERMERE PARK |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 30 May 2014. Using an estimated price of £517,555 means this house is valued at £4,242 per sq meter (£394 per sq foot).
The average size of a house on SILVERMERE PARK is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Jan 2024 | Anti-social behaviour | On or near Mere Close | |
| Feb 2024 | Anti-social behaviour | On or near Park Street |