£249,680
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 24 Sep 2021 |
| £170,000 | 2 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 September 2021 the House Price Index for SHROPSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £230,000 results in an estimated price of approximately £249,680.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £230,000 | £19,680 | £249,680 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 22.135 % | £50,911 | £280,911 |
| 3 Month Average | 4.020 % | £9,246 | £239,246 |
| 6 Month Average | -2.840 % | £-6,531 | £223,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £237,291 | £230,000 | 273 CROWMERE ROAD |
| 11 Apr 2023 | £282,789 | £277,500 | 8 CALDER CLOSE |
| 27 Jan 2023 | £255,683 | £255,000 | 5 FAIRNESS CLOSE |
| 29 Jun 2022 | £267,723 | £262,000 | 3 FAIRNESS CLOSE |
| 29 Apr 2022 | £257,281 | £248,000 | 4 FAIRNESS CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Nov 2018. Using an estimated price of £249,681 means this house is valued at £4,161 per sq meter (£386 per sq foot).
The average size of a house on FAIRNESS CLOSE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Ledwych Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Twyfords Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twyfords Way |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Twyfords Way |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Twyfords Way |