£452,440
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Aug 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 26 Aug 2005 |
| £235,000 | 30 Apr 2004 |
| Detached |
| Freehold |
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 August 2005 the House Price Index for SHROPSHIRE was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £245,000 results in an estimated price of approximately £452,440.
| 26 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £245,000 | £207,440 | £452,440 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 90.805 % | £222,472 | £467,472 |
| 3 Month Average | 69.689 % | £170,737 | £415,737 |
| 6 Month Average | 73.680 % | £180,515 | £425,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £208,000 | £208,000 | 58 THE WHEATLANDS |
| 10 Nov 2023 | £297,553 | £290,000 | 27 THE WHEATLANDS |
| 23 Jun 2023 | £214,294 | £210,000 | 19 HAREFIELDS CLOSE |
| 25 Apr 2023 | £305,718 | £300,000 | 1 LOVERIDGE DRIVE |
| 24 Feb 2023 | £406,717 | £404,000 | 9 BADGERS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near The Wheatlands | |
| Sep 2024 | Anti-social behaviour | On or near The Wheatlands | |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Newtown |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newtown |
| Jul 2024 | Shoplifting | Under investigation | On or near Dove Meadow |