£336,280
This estimated value is based upon the latest sale price for the house of £293,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £293,000 | 3 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 December 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £293,000 results in an estimated price of approximately £336,280.
| 3 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £293,000 | £43,280 | £336,280 |
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 | 35.499 % | £104,010 | £397,010 |
| 3 Month Average | 16.741 % | £49,051 | £342,051 |
| 6 Month Average | 12.765 % | £37,402 | £330,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £456,139 | £450,000 | 38 SEDGEFORD DRIVE |
| 15 Jul 2023 | £253,411 | £250,000 | 83 PRESTON STREET |
| 30 Nov 2022 | £296,410 | £300,000 | 81 PRESTON STREET |
| 2 Aug 2022 | £385,961 | £387,000 | 12 SEDGEFORD DRIVE |
| 21 Jul 2022 | £451,215 | £450,000 | 36 SEDGEFORD DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 14 Aug 2020. Using an estimated price of £336,280 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on PATRICIA DRIVE is 186 sq meters (2,002 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Winifred Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sedgeford Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Davison Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Davison Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Davison Drive |