£233,253
This estimated value is based upon the latest sale price for the house of £195,000 on 17 Sep 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 17 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2020 the House Price Index for SHROPSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £195,000 results in an estimated price of approximately £233,253.
| 17 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £195,000 | £38,253 | £233,253 |
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 | 23.676 % | £46,168 | £241,168 |
| 3 Month Average | 14.679 % | £28,624 | £223,624 |
| 6 Month Average | 14.595 % | £28,460 | £223,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £275,000 | £275,000 | 24 CHERRYBROOK DRIVE |
| 21 Mar 2024 | £165,543 | £163,000 | 9 ASHMORE CRESCENT |
| 19 Oct 2023 | £214,829 | £209,950 | 31 EDINBURGH ROAD |
| 10 Aug 2023 | £162,939 | £160,000 | 24 WINDSOR CRESCENT |
| 27 Mar 2023 | £185,091 | £182,000 | 16 WINDSOR CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Mar 2020. Using an estimated price of £233,253 means this house is valued at £2,810 per sq meter (£261 per sq foot).
The average size of a house on CHERRYBROOK DRIVE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elizabeth Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |