£440,898
This estimated value is based upon the latest sale price for the house of £365,000 on 19 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £365,000 | 19 Aug 2020 |
| £375,000 | 20 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for SHROPSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £365,000 results in an estimated price of approximately £440,898.
| 19 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £365,000 | £75,898 | £440,898 |
The Postcode Pricing Model uses changes in average sales price within the SY6 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 | 40.370 % | £147,351 | £512,351 |
| 3 Month Average | 42.064 % | £153,533 | £518,533 |
| 6 Month Average | 21.902 % | £79,941 | £444,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £247,000 | £247,000 | 14 CHARTWELL CLOSE |
| 21 Mar 2024 | £226,480 | £223,000 | 35 ESSEX ROAD |
| 18 Dec 2023 | £490,059 | £475,000 | ASHCROFT, 31 CHURCHILL ROAD |
| 27 Oct 2023 | £234,322 | £229,000 | 54 ESSEX ROAD |
| 26 Oct 2023 | £368,366 | £360,000 | 4 CHARTWELL CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 20 Dec 2016. Using an estimated price of £440,899 means this house is valued at £3,867 per sq meter (£359 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Lawley Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Willow Meadow |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chartwell Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chartwell Close |
| Sep 2024 | Anti-social behaviour | On or near Longmynd Place |