£267,182
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2018 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £215,000 results in an estimated price of approximately £267,182.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £215,000 | £52,182 | £267,182 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 2.471 % | £5,313 | £220,313 |
| 3 Month Average | 4.165 % | £8,955 | £223,955 |
| 6 Month Average | 10.060 % | £21,628 | £236,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £474,509 | £465,000 | 4 DOVE CLOSE |
| 10 Mar 2023 | £250,686 | £246,500 | 19 DOVE CLOSE |
| 8 Mar 2023 | £345,774 | £340,000 | 47 DOVE CLOSE |
| 9 Sep 2022 | £329,780 | £330,000 | 14 DOVE CLOSE |
| 14 Jul 2022 | £267,682 | £265,000 | 7 GARDENERS PLACE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Nov 2018. Using an estimated price of £267,183 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on MURRELL WAY is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Murrell Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murrell Way |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dove Close |
| Jul 2024 | Drugs | Under investigation | On or near Dove Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Gardeners Place |