£226,960
This estimated value is based upon the latest sale price for the house of £67,500 on 2 Jul 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £67,500 | 2 Jul 2001 |
| £55,000 | 13 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 July 2001 the House Price Index for SHROPSHIRE was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £67,500 results in an estimated price of approximately £226,960.
| 2 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £67,500 | £159,460 | £226,960 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 246.347 % | £166,284 | £233,784 |
| 3 Month Average | 177.549 % | £119,845 | £187,345 |
| 6 Month Average | 197.658 % | £133,418 | £200,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £213,156 | £210,000 | 30 FARCROFT DRIVE |
| 31 Mar 2023 | £363,424 | £360,000 | 3 GALLOWSFIELD WALK |
| 21 Mar 2023 | £287,711 | £285,000 | 48 FARCROFT DRIVE |
| 23 Sep 2022 | £188,478 | £190,000 | 32 ELM DRIVE |
| 24 Jun 2022 | £233,297 | £230,000 | 127 ELM DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Aug 2015. Using an estimated price of £226,960 means this house is valued at £2,101 per sq meter (£195 per sq foot).
The average size of a house on FARCROFT DRIVE is 77 sq meters (837 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashwood Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Warwick Rogers Close |