£463,591
This estimated value is based upon the latest sale price for the house of £267,500 on 14 Mar 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£267,500 | 14 Mar 2011 |
£250,000 | 14 Sep 2007 |
Detached |
Leasehold |
Floor Area: 85 sq meters or 916 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 March 2011 the House Price Index for SHROPSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £267,500 results in an estimated price of approximately £463,591.
14 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £267,500 | £196,091 | £463,591 |
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 | 2.120 % | £5,670 | £273,170 |
3 Month Average | 19.722 % | £52,756 | £320,256 |
6 Month Average | 45.952 % | £122,921 | £390,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £253,901 | £250,000 | 9 CHESWARDINE LANE |
11 Sep 2023 | £715,728 | £699,950 | THE CROFT |
10 Jan 2023 | £842,250 | £840,000 | ABBOTTS BARN CROSS LANE HEAD |
21 Jun 2022 | £797,038 | £780,000 | ASTLEY PLACE |
27 Jan 2022 | £445,283 | £420,000 | 4 APLEY PARK MEWS |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 9 Nov 2010. Using an estimated price of £463,592 means this house is valued at £5,444 per sq meter (£505 per sq foot).
There is one other house on the street which we know the size of, this is THE GEORGIAN HOUSE APLEY PARK it is 659.58
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Binnal Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Binnal Lane |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Binnal Lane |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Cheswardine Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheswardine Lane |