£234,595
This estimated value is based upon the latest sale price for the house of £41,500 on 8 May 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £41,500 | 8 May 1996 |
| Semi-Detached |
| Freehold |
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 1996 the House Price Index for SHROPSHIRE was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £41,500 results in an estimated price of approximately £234,595.
| 8 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £41,500 | £193,095 | £234,595 |
The Postcode Pricing Model uses changes in average sales price within the TF2 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 | 241.784 % | £100,340 | £141,840 |
| 3 Month Average | 284.035 % | £117,874 | £159,374 |
| 6 Month Average | 257.830 % | £106,999 | £148,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £197,514 | £192,500 | 74 POOL ROAD |
| 1 Sep 2023 | £265,861 | £260,000 | 2 WREKIN CLOSE |
| 21 Aug 2023 | £218,185 | £214,250 | 33 SPRINGFIELD ROAD |
| 18 Aug 2023 | £229,133 | £225,000 | 222 TEAGUES CRESCENT |
| 23 Jun 2023 | £181,130 | £177,500 | 34 SPRINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Way |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Way |