£203,962
This estimated value is based upon the latest sale price for the house of £165,000 on 28 May 2019. 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 Stable Lane
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| Price Paid | Date |
|---|---|
| £165,000 | 28 May 2019 |
| £59,995 | 22 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £165,000 results in an estimated price of approximately £203,962.
| 28 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £165,000 | £38,962 | £203,962 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 13.054 % | £21,539 | £186,539 |
| 3 Month Average | 7.345 % | £12,120 | £177,120 |
| 6 Month Average | 10.232 % | £16,883 | £181,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £334,603 | £331,000 | 15 THE PADDOCKS |
| 15 Mar 2023 | £469,423 | £465,000 | 1 CROFT WAY |
| 2 Mar 2023 | £288,215 | £285,500 | 10 THE PADDOCKS |
| 16 Aug 2022 | £184,503 | £185,000 | 9 VERRILL CLOSE |
| 22 Jul 2022 | £300,810 | £300,000 | 2 PEZENAS DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Jan 2019. Using an estimated price of £203,963 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on RIDINGS CLOSE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orwell Road |
| Mar 2024 | Anti-social behaviour | On or near Orwell Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Longslow Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rush Lane |