£233,367
This estimated value is based upon the latest sale price for the house of £172,500 on 26 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,500 | 26 May 2016 |
| 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 May 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £172,500 results in an estimated price of approximately £233,367.
| 26 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £172,500 | £60,867 | £233,367 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 26.756 % | £46,154 | £218,654 |
| 3 Month Average | 41.054 % | £70,818 | £243,318 |
| 6 Month Average | 47.030 % | £81,126 | £253,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £251,870 | £248,000 | 15 REDSTONE DRIVE |
| 27 Oct 2023 | £178,044 | £174,000 | 12 HITCHENS WAY |
| 16 Jun 2023 | £227,560 | £223,000 | 13 HITCHENS WAY |
| 16 Jun 2023 | £170,415 | £167,000 | 35 HITCHENS WAY |
| 27 Jan 2023 | £360,964 | £360,000 | 79 REDSTONE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Jubilee Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hitchens Way |
| Sep 2024 | Other crime | Further action is not in the public interest | On or near Hitchens Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitchens Way |
| Aug 2024 | Anti-social behaviour | On or near Hitchens Way |