£364,198
This estimated value is based upon the latest sale price for the house of £351,000 on 4 May 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £351,000 | 4 May 2023 |
| £198,000 | 31 May 2013 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,255 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 2023 the House Price Index for SHROPSHIRE was 98.4.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 3.760%.Applying this 3.760% change to the original purchase price of £351,000 results in an estimated price of approximately £364,198.
| 4 May 2023 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.4 | 102.1 | 3.760 % | £351,000 | £13,198 | £364,198 |
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 | -30.805 % | £-108,124 | £242,875 |
| 3 Month Average | 3.055 % | £10,723 | £361,723 |
| 6 Month Average | 7.683 % | £26,967 | £377,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £227,352 | £218,000 | 6 THORNTON ROAD |
| 26 Mar 2024 | £333,728 | £320,000 | 10 REDFIELD |
| 4 May 2023 | £364,198 | £351,000 | 10 REEDHAM ROAD |
| 12 Dec 2022 | £203,589 | £200,000 | 22 THORNTON ROAD |
| 29 Oct 2021 | £425,417 | £375,000 | 28 CHELWOOD DRIVE |
This house has a floor area of 116 sq meters or 1,255 sq feet when measured on 9 Feb 2011. Using an estimated price of £364,198 means this house is valued at £3,122 per sq meter (£290 per sq foot).
The average size of a house on REEDHAM ROAD is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Thornton Road |
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Thornton Road |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelwood Drive |
| Nov 2024 | Anti-social behaviour | On or near Coldridge Drive | |
| Nov 2024 | Anti-social behaviour | On or near Coldridge Drive |