£410,418
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 1 Nov 2023 |
| 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 November 2023 the House Price Index for SHROPSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £400,000 results in an estimated price of approximately £410,418.
| 1 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £400,000 | £10,418 | £410,418 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 5.265 % | £21,060 | £421,060 |
| 3 Month Average | 16.390 % | £65,559 | £465,559 |
| 6 Month Average | 5.452 % | £21,808 | £421,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £400,000 | £400,000 | THE STABLES |
| 15 Dec 2023 | £154,755 | £150,000 | 8 OAK DRIVE |
| 1 Nov 2023 | £410,418 | £400,000 | 1 CLARKES LANE |
| 12 Apr 2023 | £178,336 | £175,000 | 4 KINALT CRESCENT |
| 10 Mar 2023 | £83,393 | £82,000 | LAYCROFT, 7 PUDDLE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station | |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station | |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Public order | Under investigation | On or near Petrol Station |