£298,033
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 26 Apr 2013 |
| £103,000 | 26 Apr 2002 |
| £57,000 | 31 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2013 the House Price Index for SHROPSHIRE was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.574%.Applying this 65.574% change to the original purchase price of £180,000 results in an estimated price of approximately £298,033.
| 26 Apr 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.574 % | £180,000 | £118,033 | £298,033 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 20.353 % | £36,634 | £216,634 |
| 3 Month Average | 58.703 % | £105,666 | £285,666 |
| 6 Month Average | 44.613 % | £80,304 | £260,304 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Jan 2013.
The average size of a house on LODGE LANE is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grove Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Crescent |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grove Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Nicholas Crescent |