£718,006
This estimated value is based upon the latest sale price for the house of £125,000 on 18 Aug 1995. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 18 Aug 1995 |
Detached |
Freehold |
Floor Area: 172 sq meters or 1,851 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 August 1995 the House Price Index for SHROPSHIRE was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £125,000 results in an estimated price of approximately £718,006.
18 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 149.7 | 474.405 % | £125,000 | £593,006 | £718,006 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 286.941 % | £358,676 | £483,676 |
3 Month Average | 331.437 % | £414,296 | £539,296 |
6 Month Average | 350.275 % | £437,844 | £562,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £302,683 | £295,000 | 15 EMSCOTE |
19 Oct 2023 | £158,602 | £155,000 | 40 COLDRIDGE DRIVE |
5 Apr 2023 | £127,383 | £125,000 | 52 COLDRIDGE DRIVE |
6 May 2022 | £143,745 | £140,000 | 20 COLDRIDGE DRIVE |
24 Feb 2022 | £153,186 | £145,000 | 22 COLDRIDGE DRIVE |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 14 Mar 2014. Using an estimated price of £718,006 means this house is valued at £4,174 per sq meter (£387 per sq foot).
The average size of a house on CHELWOOD DRIVE is 111 sq meters (1,204 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Watchcote |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Emscote |
Jul 2024 | Public order | Under investigation | On or near Katesway |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Willowdale Gardens |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkwood Court |