£215,735
This estimated value is based upon the latest sale price for the house of £46,000 on 11 Sep 1998. 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 Bakewell Close
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| Price Paid | Date |
|---|---|
| £46,000 | 11 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 September 1998 the House Price Index for SHROPSHIRE was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £46,000 results in an estimated price of approximately £215,735.
| 11 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £46,000 | £169,735 | £215,735 |
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 | 305.749 % | £140,644 | £186,644 |
| 3 Month Average | 341.315 % | £157,005 | £203,005 |
| 6 Month Average | 341.272 % | £156,985 | £202,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £181,577 | £180,000 | 16 OUTWOOD |
| 4 Aug 2023 | £242,371 | £238,000 | 33 DERWENT AVENUE |
| 30 Jun 2023 | £178,579 | £175,000 | 11 STERSACRE |
| 25 Nov 2022 | £347,376 | £349,000 | 1 BAKEWELL CLOSE |
| 25 Nov 2022 | £164,232 | £165,000 | 17 OUTWOOD |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 13 Feb 2012. Using an estimated price of £215,736 means this house is valued at £2,784 per sq meter (£258 per sq foot).
The average size of a house on BAKEWELL CLOSE is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Bakewell Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Outwood |
| Aug 2024 | Anti-social behaviour | On or near Dunbar | |
| Aug 2024 | Anti-social behaviour | On or near Dunbar | |
| Aug 2024 | Anti-social behaviour | On or near Dunbar |