£346,946
This estimated value is based upon the latest sale price for the house of £260,000 on 19 Oct 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£260,000 | 19 Oct 2016 |
£172,500 | 19 Nov 2002 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 2016 the House Price Index for SHROPSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £260,000 results in an estimated price of approximately £346,946.
19 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £260,000 | £86,946 | £346,946 |
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 | 4.366 % | £11,352 | £271,352 |
3 Month Average | 5.279 % | £13,724 | £273,724 |
6 Month Average | 13.839 % | £35,981 | £295,981 |
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 |
27 Oct 2023 | £252,740 | £247,000 | 3 CURIA CLOSE |
4 Aug 2023 | £315,694 | £310,000 | 8 COLLEY CLOSE |
8 Mar 2023 | £200,854 | £197,500 | 18 DRAKE CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 15 Aug 2015. Using an estimated price of £346,947 means this house is valued at £2,843 per sq meter (£264 per sq foot).
The average size of a house on EDEN CLOSE is 124 sq meters (1,339 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Oswell Road | |
Aug 2024 | Anti-social behaviour | On or near Oswell Road | |
Aug 2024 | Anti-social behaviour | On or near Oswell Road | |
Aug 2024 | Public order | Under investigation | On or near Lowfield |
Jul 2024 | Anti-social behaviour | On or near Lowfield |