£89,434
This estimated value is based upon the latest sale price for the house of £72,500 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £72,500 | 19 Dec 2018 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £72,500 results in an estimated price of approximately £89,434.
| 19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £72,500 | £16,934 | £89,434 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | -3.427 % | £-2,484 | £70,015 |
| 3 Month Average | 11.305 % | £8,195 | £80,695 |
| 6 Month Average | 24.214 % | £17,554 | £90,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £180,000 | £180,000 | 27 DAMSON FAYRE |
| 21 Jul 2023 | £216,920 | £214,000 | 23 DAMSON FAYRE |
| 11 Nov 2022 | £202,547 | £205,000 | 21 VERNON DRIVE |
| 10 Jun 2022 | £218,082 | £215,000 | 55 VERNON DRIVE |
| 26 Nov 2021 | £288,764 | £267,000 | 8 DARWIN CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Nov 2015. Using an estimated price of £89,434 means this house is valued at £1,277 per sq meter (£118 per sq foot).
The average size of a house on BEVAN WAY is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Darwin Close |
| Jan 2024 | Other crime | Under investigation | On or near Stuart Way |