£355,127
This estimated value is based upon the latest sale price for the house of £285,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£285,000 | 10 Aug 2018 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 August 2018 the House Price Index for SHROPSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £285,000 results in an estimated price of approximately £355,127.
10 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £285,000 | £70,127 | £355,127 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -13.431 % | £-38,278 | £246,721 |
3 Month Average | 23.319 % | £66,460 | £351,460 |
6 Month Average | 44.348 % | £126,390 | £411,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £302,683 | £295,000 | 80 THE HOBBINS |
17 Dec 2021 | £245,003 | £227,000 | 3 THE HOBBINS |
2 Jul 2021 | £208,399 | £180,000 | 64 THE HOBBINS |
21 Dec 2020 | £243,382 | £210,500 | 108 THE HOBBINS |
26 May 2020 | £267,395 | £217,000 | 129 THE HOBBINS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 11 Aug 2016. Using an estimated price of £355,127 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on THE HOBBINS is 108 sq meters (1,171 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hobbins |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hobbins |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Hobbins |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Estate Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |