£517,355
This estimated value is based upon the latest sale price for the house of £168,000 on 27 Feb 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,000 | 27 Feb 2002 |
| 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 February 2002 the House Price Index for SHROPSHIRE was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £168,000 results in an estimated price of approximately £517,355.
| 27 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £168,000 | £349,355 | £517,355 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 151.993 % | £255,348 | £423,348 |
| 3 Month Average | 212.607 % | £357,179 | £525,179 |
| 6 Month Average | 198.644 % | £333,722 | £501,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £347,975 | £343,526 | 6 HOTSPUR PARK KNIGHTS WAY |
| 14 Jun 2023 | £188,281 | £186,000 | 9 WAYHILL |
| 25 Nov 2022 | £163,025 | £165,000 | 17 OUTWOOD |
| 2 Sep 2022 | £222,206 | £224,000 | 11 CHATWOOD COURT |
| 12 Aug 2022 | £458,765 | £460,000 | WOODFIELD HOUSE SHREWSBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shrewsbury Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shrewsbury Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Knights Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Plaza |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Plaza |