£132,477
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Apr 2023 |
| £101,500 | 19 Mar 2004 |
| £46,000 | 7 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2023 the House Price Index for SHROPSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £130,000 results in an estimated price of approximately £132,477.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £130,000 | £2,477 | £132,477 |
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 | 33.072 % | £42,993 | £172,993 |
| 3 Month Average | 6.057 % | £7,874 | £137,874 |
| 6 Month Average | 3.702 % | £4,813 | £134,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £230,860 | £225,000 | 97 CLIVE ROAD |
| 22 Aug 2023 | £244,408 | £240,000 | 16 CLIVE ROAD |
| 4 Aug 2023 | £193,490 | £190,000 | 54 FOREST WAY |
| 28 Apr 2023 | £132,478 | £130,000 | 16 SPINNEY PATH |
| 2 Sep 2022 | £219,853 | £220,000 | 1 WEALD DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Feb 2014. Using an estimated price of £132,478 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on SPINNEY PATH is 85 sq meters (916 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clive Road |
| Aug 2024 | Anti-social behaviour | On or near Clive Road | |
| Aug 2024 | Vehicle crime | Under investigation | On or near Clive Road |
| Aug 2024 | Anti-social behaviour | On or near Clive Road | |
| Aug 2024 | Anti-social behaviour | On or near Clive Road |