£468,121
This estimated value is based upon the latest sale price for the house of £197,000 on 9 Jun 2003. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,000 | 9 Jun 2003 |
| 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 June 2003 the House Price Index for SHROPSHIRE was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £197,000 results in an estimated price of approximately £468,121.
| 9 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £197,000 | £271,121 | £468,121 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 125.293 % | £246,827 | £443,827 |
| 3 Month Average | 89.513 % | £176,341 | £373,341 |
| 6 Month Average | 93.685 % | £184,559 | £381,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £250,000 | £250,000 | PARVENIR MAIN ROAD |
| 1 Mar 2024 | £203,121 | £200,000 | 23 ARLEY VIEW CLOSE |
| 21 Mar 2023 | £187,125 | £184,000 | 17 RIVERSIDE BUNGALOWS |
| 6 Mar 2023 | £254,246 | £250,000 | 27 ARLEY VIEW CLOSE |
| 12 Jan 2023 | £556,487 | £555,000 | ROSE COTTAGE SMOKE ALLEY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Severside | |
| Jun 2024 | Burglary | Under investigation | On or near Old School Close |
| Jun 2024 | Burglary | Under investigation | On or near Old School Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Old School Close |