£195,087
This estimated value is based upon the latest sale price for the house of £159,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,000 | 27 Sep 2019 |
| £80,000 | 21 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £159,000 results in an estimated price of approximately £195,087.
| 27 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £159,000 | £36,087 | £195,087 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -18.448 % | £-29,332 | £129,667 |
| 3 Month Average | 8.119 % | £12,909 | £171,909 |
| 6 Month Average | 11.767 % | £18,710 | £177,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £166,456 | £165,000 | 27 MASSEY CRESCENT |
| 7 Aug 2023 | £200,756 | £199,000 | 15 CHEVIN CLOSE |
| 4 Aug 2023 | £240,100 | £238,000 | 33 DERWENT AVENUE |
| 12 Jul 2023 | £240,233 | £237,000 | 6 CHEVIN CLOSE |
| 23 Jun 2023 | £192,330 | £190,000 | 29 MASSEY CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 May 2019. Using an estimated price of £195,087 means this house is valued at £2,438 per sq meter (£226 per sq foot).
The average size of a house on CHEVIN CLOSE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chatwood Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chatwood Court |
| Feb 2024 | Anti-social behaviour | On or near Chatwood Court | |
| Feb 2024 | Anti-social behaviour | On or near Chatwood Court | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chatwood Court |