£691,562
This estimated value is based upon the latest sale price for the house of £605,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £605,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 December 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £605,000 results in an estimated price of approximately £691,562.
| 18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £605,000 | £86,562 | £691,562 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 3.516 % | £21,272 | £626,272 |
| 3 Month Average | 41.154 % | £248,984 | £853,984 |
| 6 Month Average | 20.636 % | £124,846 | £729,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £246,144 | £242,500 | 51A WOODBERRY CLOSE |
| 25 Aug 2023 | £489,280 | £485,000 | 4 HUNTSMANS CLOSE |
| 3 Mar 2023 | £252,378 | £250,000 | 3 THREE ASHES ROAD |
| 17 Feb 2023 | £212,857 | £213,000 | 5 TASLEY CLOSE |
| 1 Jul 2022 | £285,769 | £285,000 | 2 ELIZABETH AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 12 May 2017. Using an estimated price of £694,367 means this house is valued at £5,599 per sq meter (£520 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tasley Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Tasley Close |