£221,125
This estimated value is based upon the latest sale price for the house of £144,950 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £144,950 | 7 Aug 2014 |
| £121,000 | 21 Nov 2006 |
| Semi-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 August 2014 the House Price Index for SHROPSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £144,950 results in an estimated price of approximately £221,125.
| 7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £144,950 | £76,175 | £221,125 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 25.716 % | £37,274 | £182,224 |
| 3 Month Average | 46.465 % | £67,350 | £212,300 |
| 6 Month Average | 50.642 % | £73,405 | £218,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £127,000 | £127,000 | 34 FERNHILL LANE |
| 19 Apr 2024 | £423,674 | £419,995 | 84 FERNHILL LANE |
| 5 Apr 2024 | £262,273 | £259,995 | 72 FERNHILL LANE |
| 20 Dec 2023 | £268,237 | £259,995 | 62 FERNHILL LANE |
| 20 Dec 2023 | £268,237 | £259,995 | 68 FERNHILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Drive |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Heather Bank |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Bank |
| May 2024 | Public order | Unable to prosecute suspect | On or near Fernhill Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Hammonds Place |