£235,052
This estimated value is based upon the latest sale price for the house of £89,500 on 23 Oct 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£89,500 | 23 Oct 2002 |
£48,500 | 15 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 51 sq meters or 548 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 October 2002 the House Price Index for SHROPSHIRE was 56.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 162.628%.Applying this 162.628% change to the original purchase price of £89,500 results in an estimated price of approximately £235,052.
23 Oct 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.0 | 162.628 % | £89,500 | £145,552 | £235,052 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 89.586 % | £80,179 | £169,679 |
3 Month Average | 72.803 % | £65,158 | £154,658 |
6 Month Average | 70.532 % | £63,125 | £152,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £255,864 | £255,000 | 21 WYKE WAY |
15 Dec 2023 | £173,278 | £170,000 | 18 WYKE WAY |
1 Nov 2023 | £342,396 | £338,000 | 17 MANOR CLOSE |
30 Nov 2022 | £226,330 | £230,000 | 14 WYKE WAY |
8 Aug 2022 | £188,725 | £190,000 | 36 THE LINDENS |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 13 Nov 2019. Using an estimated price of £235,052 means this house is valued at £4,608 per sq meter (£428 per sq foot).
The average size of a house on WYKE WAY is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Innage Croft |
Mar 2024 | Drugs | Under investigation | On or near The Lindens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Lindens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Drive |