£204,256
This estimated value is based upon the latest sale price for the house of £166,500 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£166,500 | 17 Dec 2019 |
£159,995 | 10 Sep 2004 |
£73,500 | 21 Sep 2000 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 December 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 22.676%.Applying this 22.676% change to the original purchase price of £166,500 results in an estimated price of approximately £204,256.
17 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £166,500 | £37,756 | £204,256 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 5.873 % | £9,778 | £176,278 |
3 Month Average | 4.637 % | £7,720 | £174,220 |
6 Month Average | 12.883 % | £21,450 | £187,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £180,000 | £180,000 | 118 CABIN LANE |
28 Mar 2022 | £238,340 | £230,000 | 98 CABIN LANE |
22 Feb 2022 | £178,226 | £169,950 | 106 CABIN LANE |
18 Feb 2022 | £167,791 | £160,000 | 122 CABIN LANE |
8 Feb 2022 | £461,426 | £440,000 | 27 GROSVENOR ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Oct 2019. Using an estimated price of £204,256 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on CABIN LANE is 75 sq meters (813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Henley Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Close |