£297,623
This estimated value is based upon the latest sale price for the house of £245,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 31 Jan 2020 |
| £223,000 | 21 Nov 2006 |
| £196,995 | 26 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 January 2020 the House Price Index for SHROPSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £245,000 results in an estimated price of approximately £297,623.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £245,000 | £52,623 | £297,623 |
The Postcode Pricing Model uses changes in average sales price within the SY12 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 | -71.911 % | £-176,182 | £68,817 |
| 3 Month Average | -0.387 % | £-948 | £244,051 |
| 6 Month Average | 11.270 % | £27,611 | £272,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £331,267 | £325,000 | 50 HILLCREST |
| 14 Nov 2023 | £130,678 | £129,000 | 1 SWAN MERE COURT |
| 4 Aug 2023 | £312,903 | £311,000 | 46 HILLCREST |
| 27 Jul 2023 | £302,860 | £299,995 | GRAYSON, 49 SWAN HILL |
| 17 Jun 2022 | £124,765 | £123,500 | 5 SWAN MERE COURT |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 7 Nov 2019. Using an estimated price of £297,623 means this house is valued at £2,419 per sq meter (£224 per sq foot).
The average size of a house on HILLCREST is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Crest |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Crest |