£250,331
This estimated value is based upon the latest sale price for the house of £147,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,000 | 28 Sep 2012 |
| £142,000 | 9 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 666 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 2012 the House Price Index for SHROPSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £147,000 results in an estimated price of approximately £250,331.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £147,000 | £103,331 | £250,331 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 68.320 % | £100,430 | £247,430 |
| 3 Month Average | 25.774 % | £37,887 | £184,887 |
| 6 Month Average | 43.462 % | £63,888 | £210,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £199,144 | £197,000 | 78 FARCROFT DRIVE |
| 5 Aug 2022 | £299,145 | £299,950 | 15 FOREST ROAD |
| 24 Jun 2022 | £233,297 | £230,000 | 127 ELM DRIVE |
| 14 Jun 2022 | £215,039 | £212,000 | 74 ELM DRIVE |
| 27 May 2022 | £277,224 | £272,000 | 28 FOREST ROAD |
This house has a floor area of 61 sq meters or 666 sq feet when measured on 14 Dec 2011. Using an estimated price of £250,332 means this house is valued at £4,045 per sq meter (£375 per sq foot).
The average size of a house on FOREST ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandford Court |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near School Lane |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near School Lane |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near School Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |