£240,824
This estimated value is based upon the latest sale price for the house of £165,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 8 May 2015 |
| 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 May 2015 the House Price Index for SHROPSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £165,000 results in an estimated price of approximately £240,824.
| 8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £165,000 | £75,824 | £240,824 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 18.427 % | £30,403 | £195,403 |
| 3 Month Average | 15.738 % | £25,968 | £190,968 |
| 6 Month Average | 56.397 % | £93,054 | £258,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £243,607 | £240,000 | SQUIRREL COTTAGE, 21 COBWELL ROAD |
| 14 Jul 2023 | £481,480 | £475,000 | GREENBANKS, 1 QUARRY ROAD |
| 10 Nov 2022 | £375,452 | £380,000 | 1 GESTIANA GARDENS |
| 28 Oct 2022 | £445,206 | £450,000 | 3 GESTIANA GARDENS |
| 1 Sep 2022 | £421,595 | £425,000 | 4 GESTIANA GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Bridge Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windsor Crescent |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Windsor Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |