£218,942
This estimated value is based upon the latest sale price for the house of £164,950 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £164,950 | 4 Nov 2016 |
| £138,000 | 30 Aug 2012 |
| £162,995 | 3 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2016 the House Price Index for SHROPSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £164,950 results in an estimated price of approximately £218,942.
| 4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £164,950 | £53,992 | £218,942 |
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 | 13.468 % | £22,215 | £187,165 |
| 3 Month Average | 36.157 % | £59,641 | £224,591 |
| 6 Month Average | 23.971 % | £39,540 | £204,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £182,809 | £180,000 | 27 DAMSON FAYRE |
| 11 Nov 2022 | £204,046 | £205,000 | 21 VERNON DRIVE |
| 10 Jun 2022 | £219,696 | £215,000 | 55 VERNON DRIVE |
| 26 Nov 2021 | £290,902 | £267,000 | 8 DARWIN CLOSE |
| 30 Sep 2021 | £205,173 | £189,000 | 49 STUART WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 May 2012. Using an estimated price of £218,943 means this house is valued at £2,257 per sq meter (£209 per sq foot).
The average size of a house on VERNON DRIVE is 112 sq meters (1,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Hampton Drive | |
| Sep 2024 | Anti-social behaviour | On or near Hampton Drive | |
| Jul 2024 | Anti-social behaviour | On or near Hampton Drive |