£128,699
This estimated value is based upon the latest sale price for the house of £80,000 on 31 May 2007. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 31 May 2007 |
| £68,000 | 7 Feb 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 310 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 2007 the House Price Index for SHROPSHIRE was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £80,000 results in an estimated price of approximately £128,699.
| 31 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £80,000 | £48,699 | £128,699 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 52.187 % | £41,749 | £121,749 |
| 3 Month Average | 44.406 % | £35,525 | £115,525 |
| 6 Month Average | 50.964 % | £40,770 | £120,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £244,761 | £241,000 | 6 LANESFIELD |
| 13 Oct 2023 | £350,971 | £343,000 | 16 CRAWFORD MEADOW |
| 31 Jan 2023 | £350,938 | £350,000 | 7 SELWYN CLOSE |
| 14 Apr 2022 | £64,839 | £62,500 | 8 WALKFORD CLOSE |
| 25 Feb 2022 | £60,218 | £57,000 | 6 NETHERWAY |
This house has a floor area of 28 sq meters or 310 sq feet when measured on 18 Mar 2011. Using an estimated price of £128,700 means this house is valued at £4,467 per sq meter (£415 per sq foot).
The average size of a house on WALKFORD CLOSE is 49 sq meters (534 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ladycroft Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ladycroft Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ladycroft Close |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Shopping Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Shopping Area |