£878,489
This estimated value is based upon the latest sale price for the house of £550,000 on 27 Jan 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Manor Farm Lane
More crime details
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| Price Paid | Date |
|---|---|
| £550,000 | 27 Jan 2014 |
| £499,950 | 2 Feb 2007 |
| £230,000 | 19 Nov 1997 |
| 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 January 2014 the House Price Index for SHROPSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £550,000 results in an estimated price of approximately £878,489.
| 27 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £550,000 | £328,489 | £878,489 |
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 | 34.000 % | £186,997 | £736,997 |
| 3 Month Average | 52.610 % | £289,357 | £839,357 |
| 6 Month Average | 34.574 % | £190,155 | £740,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £461,837 | £455,000 | 5 MERTON TERRACE |
| 26 Sep 2023 | £383,402 | £378,500 | 38 HIGHLANDS ROAD |
| 6 Apr 2023 | £310,342 | £307,000 | 36 CASTLEFIELDS |
| 24 Nov 2022 | £375,452 | £380,000 | 30 HIGHLANDS ROAD |
| 31 Aug 2022 | £403,913 | £405,000 | HILLCROFT OLDBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Farm Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Manor Farm Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Farm Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlefields |