£251,503
This estimated value is based upon the latest sale price for the house of £68,000 on 14 Feb 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£68,000 | 14 Feb 2001 |
£51,500 | 29 Mar 1996 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 2001 the House Price Index for SHROPSHIRE was 28.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 269.858%.Applying this 269.858% change to the original purchase price of £68,000 results in an estimated price of approximately £251,503.
14 Feb 2001 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 104.3 | 269.858 % | £68,000 | £183,503 | £251,503 |
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 | 129.564 % | £88,103 | £156,103 |
3 Month Average | 218.389 % | £148,504 | £216,504 |
6 Month Average | 220.435 % | £149,895 | £217,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2025 | £292,500 | £292,500 | 8 COLDRIDGE DRIVE |
19 Dec 2024 | £196,014 | £190,000 | 5 FARMLODGE LANE |
17 Oct 2024 | £218,811 | £210,000 | 16 FARMLODGE LANE |
28 Mar 2024 | £194,295 | £182,000 | 27 CUNNINGHAM WAY |
28 Mar 2024 | £208,173 | £195,000 | 7 FARMLODGE LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 May 2014. Using an estimated price of £251,504 means this house is valued at £4,572 per sq meter (£424 per sq foot).
The average size of a house on FARMLODGE LANE is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Other theft | Investigation complete; no suspect identified | On or near Farmlodge Lane |
Feb 2025 | Anti-social behaviour | On or near White Meadow Close | |
Feb 2025 | Anti-social behaviour | On or near White Meadow Close | |
Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Willowdale Gardens |
Jan 2025 | Other theft | Under investigation | On or near Kirkwood Court |