£271,956
This estimated value is based upon the latest sale price for the house of £152,500 on 25 Sep 2009. 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 Riddings Close
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Price Paid | Date |
---|---|
£152,500 | 25 Sep 2009 |
£145,000 | 22 May 2009 |
£72,000 | 30 Mar 2001 |
£46,000 | 31 Jan 1997 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 2009 the House Price Index for SHROPSHIRE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £152,500 results in an estimated price of approximately £271,956.
25 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £152,500 | £119,456 | £271,956 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | -46.613 % | £-71,084 | £81,415 |
3 Month Average | -47.660 % | £-72,681 | £79,818 |
6 Month Average | 52.234 % | £79,656 | £232,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £203,562 | £200,000 | 6 PRESTAGE CLOSE |
28 Feb 2023 | £300,798 | £301,000 | 4 POUND CRESCENT |
1 Jun 2022 | £355,017 | £350,000 | 2 CAUGHLEY CLOSE |
8 Apr 2022 | £324,387 | £315,000 | 12 TARBACH CLOSE |
14 Jan 2022 | £342,033 | £325,000 | 43 GUEST ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Oct 2019. Using an estimated price of £271,956 means this house is valued at £2,956 per sq meter (£274 per sq foot).
The average size of a house on RIDDINGS CLOSE is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Riddings Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Guest Road |
Jan 2024 | Drugs | Local resolution | On or near Prestage Close |
Mar 2024 | Anti-social behaviour | On or near Beech Drive | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Beech Drive |