£382,009
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Dec 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near B4373
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| Price Paid | Date |
|---|---|
| £220,000 | 12 Dec 2011 |
| £200,000 | 10 Sep 2004 |
| £79,950 | 11 Feb 2000 |
| Terraced |
| 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 December 2011 the House Price Index for SHROPSHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £220,000 results in an estimated price of approximately £382,009.
| 12 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £220,000 | £162,009 | £382,009 |
The Postcode Pricing Model uses changes in average sales price within the TF8 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 | 5.022 % | £11,048 | £231,048 |
| 3 Month Average | 51.214 % | £112,671 | £332,671 |
| 6 Month Average | 28.004 % | £61,609 | £281,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £353,018 | £345,000 | 40 IRONBRIDGE ROAD |
| 10 Mar 2023 | £401,709 | £395,000 | 26 IRONBRIDGE ROAD |
| 10 Feb 2023 | £176,177 | £175,000 | 17 THE WOODLANDS |
| 13 Jan 2023 | £150,402 | £150,000 | 5 ST MARYS CLOSE |
| 1 Jun 2022 | £107,294 | £105,000 | 9 THE WOODLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near B4373 |
| Aug 2024 | Anti-social behaviour | On or near St Mary'S Close | |
| Aug 2024 | Anti-social behaviour | On or near St Mary'S Close | |
| Aug 2024 | Anti-social behaviour | On or near St Mary'S Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chapel Road |