£477,831
This estimated value is based upon the latest sale price for the house of £359,995 on 15 Nov 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £359,995 | 15 Nov 2016 |
| £137,000 | 12 Aug 1999 |
| Detached |
| Freehold |
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 November 2016 the House Price Index for SHROPSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £359,995 results in an estimated price of approximately £477,831.
| 15 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £359,995 | £117,836 | £477,831 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 94.240 % | £339,259 | £699,254 |
| 3 Month Average | 25.243 % | £90,874 | £450,869 |
| 6 Month Average | 25.160 % | £90,573 | £450,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £227,500 | £227,500 | 7 SYCAMORE GROVE |
| 25 Oct 2023 | £716,268 | £700,000 | CROFT COTTAGE CUMBERLEY LANE |
| 14 Sep 2023 | £906,994 | £887,000 | GREYSTONE HOUSE CUMBERLEY LANE |
| 17 Aug 2023 | £549,918 | £540,000 | 12 COLLYBROOK PARK |
| 9 Jun 2023 | £204,090 | £200,000 | BENNETTS END STABLES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitewayhead Lane |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Dhustone Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Clee Vantage |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Three Crosses |
| Oct 2024 | Other crime | Under investigation | On or near Angel Lane |