£452,266
This estimated value is based upon the latest sale price for the house of £259,950 on 27 May 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £259,950 | 27 May 2011 |
| £127,000 | 26 Mar 1999 |
| £106,000 | 7 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,393 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 May 2011 the House Price Index for SHROPSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £259,950 results in an estimated price of approximately £452,266.
| 27 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £259,950 | £192,316 | £452,266 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 15.530 % | £40,369 | £300,319 |
| 3 Month Average | 56.588 % | £147,101 | £407,051 |
| 6 Month Average | 50.802 % | £132,060 | £392,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £238,042 | £232,000 | 26 LODGE CLOSE |
| 13 Oct 2023 | £342,785 | £335,000 | CHURCH VIEW BROOKLANDS AVENUE |
| 6 Oct 2023 | £424,645 | £415,000 | 17 COTTAGE DRIVE |
| 23 Jun 2023 | £198,988 | £195,000 | 30 BRIMSTREE DRIVE |
| 31 Mar 2023 | £198,312 | £195,000 | 5 LODGE CLOSE |
This house has a floor area of 129 sq meters or 1,393 sq feet when measured on 10 Mar 2011. Using an estimated price of £452,267 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on COTTAGE DRIVE is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Street |