£296,525
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 8 Nov 2019 |
| £230,000 | 14 Sep 2015 |
| £190,000 | 10 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 November 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £240,000 results in an estimated price of approximately £296,525.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £240,000 | £56,525 | £296,525 |
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 | 5.405 % | £12,971 | £252,971 |
| 3 Month Average | 20.912 % | £50,188 | £290,188 |
| 6 Month Average | 29.423 % | £70,616 | £310,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £469,424 | £455,000 | 4 LOWER HAFOD |
| 24 Apr 2023 | £377,052 | £370,000 | 3 OERLEY WAY |
| 31 Mar 2023 | £312,723 | £307,500 | 16 HIGH FAWR CLOSE |
| 15 Jul 2022 | £336,370 | £333,000 | 19 HAFOD CLOSE |
| 30 Jun 2022 | £485,375 | £475,000 | 2 HIGH FAWR AVENUE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 3 Jun 2015. Using an estimated price of £296,526 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on HIGH FAWR CLOSE is 135 sq meters (1,460 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near High Lea Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampton Rise |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Bentley Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oswalds Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oswalds Close |