£939,190
This estimated value is based upon the latest sale price for the house of £889,000 on 16 Feb 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£889,000 | 16 Feb 2022 |
£685,000 | 15 Dec 2017 |
£485,000 | 8 Apr 2011 |
Detached |
Freehold |
Floor Area: 182 sq meters or 1,959 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 2022 the House Price Index for SHROPSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £889,000 results in an estimated price of approximately £939,190.
16 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £889,000 | £50,190 | £939,190 |
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 | -41.295 % | £-367,111 | £521,888 |
3 Month Average | -8.052 % | £-71,586 | £817,413 |
6 Month Average | 3.811 % | £33,878 | £922,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £211,499 | £205,000 | 16 WOODBERRY CLOSE |
23 Nov 2023 | £248,816 | £242,500 | 51A WOODBERRY CLOSE |
1 Feb 2023 | £245,641 | £244,000 | 4 WOODBERRY CLOSE |
29 Jul 2022 | £218,802 | £216,610 | 2 WOODBERRY CLOSE |
1 Jul 2022 | £287,885 | £285,000 | 2 ELIZABETH AVENUE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 16 Aug 2021. Using an estimated price of £939,191 means this house is valued at £5,160 per sq meter (£479 per sq foot).
The average size of a house on WESTGATE DRIVE is 179 sq meters (1,929 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claremont Drive |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elizabeth Avenue |