£421,333
This estimated value is based upon the latest sale price for the house of £128,950 on 25 Oct 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,950 | 25 Oct 2001 |
| £76,000 | 22 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 989 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 2001 the House Price Index for SHROPSHIRE was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £128,950 results in an estimated price of approximately £421,333.
| 25 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £128,950 | £292,383 | £421,333 |
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 | 183.458 % | £236,569 | £365,519 |
| 3 Month Average | 162.119 % | £209,052 | £338,002 |
| 6 Month Average | 201.848 % | £260,282 | £389,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £327,847 | £325,000 | 15 OSWELL ROAD |
| 28 Mar 2024 | £131,521 | £129,500 | 7 DRAKE CLOSE |
| 4 Aug 2023 | £315,694 | £310,000 | 8 COLLEY CLOSE |
| 8 Mar 2023 | £200,854 | £197,500 | 18 DRAKE CLOSE |
| 3 Feb 2023 | £90,605 | £90,000 | 32 WARRENBY CLOSE |
This house has a floor area of 91 sq meters or 989 sq feet when measured on 7 Jun 2010. Using an estimated price of £421,334 means this house is valued at £4,583 per sq meter (£425 per sq foot).
The average size of a house on COLLEY CLOSE is 163 sq meters (1,761 sq feet).
This house is the smallest in the street with a floor area of 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Colley Close | |
| Aug 2024 | Anti-social behaviour | On or near Colley Close | |
| Aug 2024 | Anti-social behaviour | On or near Colley Close | |
| Aug 2024 | Anti-social behaviour | On or near Oswell Road | |
| Aug 2024 | Anti-social behaviour | On or near Oswell Road |