£205,523
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 23 Oct 2015 |
| £123,500 | 3 Feb 2012 |
| £127,000 | 24 May 2004 |
| £79,995 | 28 Mar 2002 |
| £38,500 | 18 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 674 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 October 2015 the House Price Index for SHROPSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £145,000 results in an estimated price of approximately £205,523.
| 23 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £145,000 | £60,523 | £205,523 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 143.820 % | £208,539 | £353,539 |
| 3 Month Average | 66.916 % | £97,028 | £242,028 |
| 6 Month Average | 61.416 % | £89,053 | £234,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £275,000 | £275,000 | 24 CHERRYBROOK DRIVE |
| 21 Mar 2024 | £165,543 | £163,000 | 9 ASHMORE CRESCENT |
| 19 Oct 2023 | £214,829 | £209,950 | 31 EDINBURGH ROAD |
| 9 Mar 2023 | £244,076 | £240,000 | 5 WOODLANDS CLOSE |
| 12 Aug 2022 | £236,104 | £235,000 | 54 CHERRYBROOK DRIVE |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 11 Nov 2011. Using an estimated price of £205,523 means this house is valued at £3,277 per sq meter (£304 per sq foot).
The average size of a house on CHERRYBROOK DRIVE is 79 sq meters (859 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elizabeth Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |