£333,693
This estimated value is based upon the latest sale price for the house of £325,000 on 5 May 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Langford Close
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| Price Paid | Date |
|---|---|
| £325,000 | 5 May 2022 |
| £228,500 | 3 Jul 2017 |
| £150,000 | 9 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2022 the House Price Index for SHROPSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £325,000 results in an estimated price of approximately £333,693.
| 5 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £325,000 | £8,693 | £333,693 |
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 | -34.542 % | £-112,261 | £212,738 |
| 3 Month Average | 27.150 % | £88,237 | £413,237 |
| 6 Month Average | 6.698 % | £21,770 | £346,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £369,000 | £369,000 | 17 SHEET ROAD |
| 14 Aug 2023 | £264,775 | £260,000 | 4 LANGFORD CLOSE |
| 17 Feb 2023 | £178,694 | £177,500 | 6 HONEY MEADOW |
| 10 Jan 2023 | £584,061 | £582,500 | STUDIO LODGE SHEET ROAD |
| 9 Jun 2022 | £333,121 | £326,000 | 14 SHEET ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Apr 2017. Using an estimated price of £333,693 means this house is valued at £3,549 per sq meter (£329 per sq foot).
The average size of a house on LANGFORD CLOSE is 60 sq meters (656 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Langford Close |
| Jul 2024 | Burglary | Under investigation | On or near Langford Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Lingen Road |
| Jul 2024 | Other theft | Under investigation | On or near Lingen Road |