£495,300
This estimated value is based upon the latest sale price for the house of £390,000 on 16 Nov 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£390,000 | 16 Nov 2017 |
£300,000 | 6 Sep 2005 |
Detached |
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 November 2017 the House Price Index for SHROPSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £390,000 results in an estimated price of approximately £495,300.
16 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £390,000 | £105,300 | £495,300 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 14.174 % | £55,276 | £445,276 |
3 Month Average | 36.799 % | £143,515 | £533,515 |
6 Month Average | 28.641 % | £111,701 | £501,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £70,613 | £70,000 | WOODPECKER COTTAGE, 3 ANGEL LANE |
28 Apr 2023 | £682,771 | £670,000 | 4 FARDEN |
10 Mar 2023 | £892,403 | £877,500 | 8 ANGEL LANE |
27 May 2022 | £248,987 | £242,500 | 3 SYCAMORE GROVE |
19 Oct 2021 | £401,281 | £360,000 | KANDA SCOTTS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caynham Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Dhustone Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dhustone Lane |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Ludlow Road |
Jul 2024 | Burglary | Under investigation | On or near Three Crosses |