£521,490
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Nov 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£275,000 | 4 Nov 2004 |
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 November 2004 the House Price Index for SHROPSHIRE was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £275,000 results in an estimated price of approximately £521,490.
4 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £275,000 | £246,490 | £521,490 |
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 | 175.821 % | £483,507 | £758,507 |
3 Month Average | 46.541 % | £127,987 | £402,987 |
6 Month Average | 41.742 % | £114,790 | £389,790 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £232,133 | £225,000 | 14 GARLAND PLACE |
15 Dec 2023 | £402,364 | £390,000 | 6 BRAMBLE LANE |
2 Aug 2023 | £336,010 | £329,950 | 12 BROOKSIDE CLOSE |
27 Jul 2022 | £464,656 | £460,000 | 17 BRASS STREET |
14 Jun 2022 | £383,191 | £375,000 | 9 SLACK GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Slack Grove |
May 2024 | Public order | Under investigation | On or near Brookside Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Almond Avenue |