£275,451
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 7 Dec 2020 |
| £148,500 | 23 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 £240,000 results in an estimated price of approximately £275,451.
| 7 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £240,000 | £35,451 | £275,451 |
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 | -7.721 % | £-18,530 | £221,469 |
| 3 Month Average | -5.828 % | £-13,987 | £226,012 |
| 6 Month Average | -0.538 % | £-1,292 | £238,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £175,000 | £175,000 | 3 GREYSTONES WAY |
| 2 Sep 2022 | £178,558 | £180,000 | 32 OAK DRIVE |
| 25 Feb 2022 | £165,694 | £158,000 | 46 HAWTHORN GROVE |
| 17 Dec 2021 | £155,350 | £145,000 | 28 FIR GROVE |
| 5 Nov 2021 | £180,613 | £167,000 | 13 CHESTNUT AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Sep 2020.
The average size of a house on GREYSTONES WAY is 108 sq meters (1,170 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greystones Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greystones Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fir Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fir Grove |
| Mar 2024 | Public order | Under investigation | On or near Fir Grove |