£352,089
This estimated value is based upon the latest sale price for the house of £285,000 on 3 Oct 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 3 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £285,000 results in an estimated price of approximately £352,089.
| 3 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £285,000 | £67,089 | £352,089 |
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 | -33.468 % | £-95,383 | £189,616 |
| 3 Month Average | 8.928 % | £25,444 | £310,444 |
| 6 Month Average | 23.694 % | £67,526 | £352,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £635,519 | £630,000 | 70 VICTORIA ROAD |
| 4 Mar 2024 | £267,104 | £263,000 | 15 ORCHARD DRIVE |
| 20 Dec 2023 | £211,499 | £205,000 | 16 WOODBERRY CLOSE |
| 29 Jul 2022 | £218,802 | £216,610 | 2 WOODBERRY CLOSE |
| 16 Feb 2022 | £939,191 | £889,000 | 19 WESTGATE DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 May 2019. Using an estimated price of £352,089 means this house is valued at £5,177 per sq meter (£481 per sq foot).
The average size of a house on CLAREMONT DRIVE is 109 sq meters (1,175 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claremont Drive |
| Oct 2024 | Other theft | Under investigation | On or near Woodberry Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodberry Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Woodberry Close |