£376,883
This estimated value is based upon the latest sale price for the house of £238,000 on 16 May 2008. 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 Cedar Close
More crime details
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Price Paid | Date |
---|---|
£238,000 | 16 May 2008 |
£185,000 | 20 Aug 2003 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,496 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 May 2008 the House Price Index for SHROPSHIRE was 93.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 58.354%.Applying this 58.354% change to the original purchase price of £238,000 results in an estimated price of approximately £376,883.
16 May 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.0 | 58.354 % | £238,000 | £138,883 | £376,883 |
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 | 19.515 % | £46,445 | £284,445 |
3 Month Average | 17.760 % | £42,269 | £280,269 |
6 Month Average | 19.957 % | £47,498 | £285,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £212,731 | £210,000 | 30 FARCROFT DRIVE |
31 Aug 2023 | £281,713 | £280,000 | 53 CHANCEL DRIVE |
13 Jul 2023 | £222,101 | £220,000 | 5 STABLE LANE |
23 Jun 2023 | £228,856 | £227,000 | 39 CHANCEL DRIVE |
2 Jun 2023 | £221,798 | £220,000 | 6 MEADOW CLOSE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 15 Oct 2012. Using an estimated price of £376,884 means this house is valued at £2,711 per sq meter (£251 per sq foot).
The average size of a house on MONKSFIELD is 150 sq meters (1,624 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancel Drive |
Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashwood Close |