£229,837
This estimated value is based upon the latest sale price for the house of £177,500 on 5 Feb 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £177,500 | 5 Feb 2017 |
| £146,000 | 31 Aug 2012 |
| £125,000 | 18 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 February 2017 the House Price Index for SHROPSHIRE was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £177,500 results in an estimated price of approximately £229,837.
| 5 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £177,500 | £52,337 | £229,837 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 2.731 % | £4,847 | £182,347 |
| 3 Month Average | 10.125 % | £17,972 | £195,472 |
| 6 Month Average | 22.990 % | £40,806 | £218,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £278,576 | £275,000 | 8 MILLERS GREEN |
| 22 Aug 2023 | £332,019 | £330,000 | 42 LABURNUM GROVE |
| 23 Jul 2023 | £344,256 | £341,000 | 31 LABURNUM GROVE |
| 24 Jan 2023 | £178,433 | £180,000 | 76 COMET DRIVE |
| 13 Jan 2023 | £208,171 | £210,000 | 31 MILLERS GREEN |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 29 Sep 2016. Using an estimated price of £229,838 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on COMET DRIVE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Comet Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Comet Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Comet Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Comet Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Comet Drive |