£224,166
This estimated value is based upon the latest sale price for the house of £182,000 on 24 Apr 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £182,000 | 24 Apr 2019 |
| £145,000 | 23 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £182,000 results in an estimated price of approximately £224,166.
| 24 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £182,000 | £42,166 | £224,166 |
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 | 22.039 % | £40,111 | £222,111 |
| 3 Month Average | 51.237 % | £93,252 | £275,252 |
| 6 Month Average | 32.208 % | £58,617 | £240,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £179,302 | £177,000 | 7 ELM WALK |
| 16 Aug 2023 | £170,034 | £169,000 | 5 DODMORE LANE |
| 30 Jun 2023 | £252,044 | £250,000 | 18 DODMORE LANE |
| 11 Nov 2022 | £265,691 | £270,000 | 32 HAMLET ROAD |
| 19 Aug 2022 | £201,638 | £203,000 | 60 HUCKLEMARSH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 27 Jan 2014. Using an estimated price of £224,167 means this house is valued at £2,576 per sq meter (£239 per sq foot).
There is one other house on the street which we know the size of, this is 9 HAMLET CLOSE it is 136.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lacy Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lacy Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dodmore Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Close |