£336,436
This estimated value is based upon the latest sale price for the house of £270,000 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 30 Aug 2018 |
| £190,000 | 1 Dec 2005 |
| £63,000 | 16 May 1996 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 2018 the House Price Index for SHROPSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £270,000 results in an estimated price of approximately £336,436.
| 30 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £270,000 | £66,436 | £336,436 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 10.097 % | £27,260 | £297,260 |
| 3 Month Average | 27.531 % | £74,334 | £344,334 |
| 6 Month Average | 29.051 % | £78,437 | £348,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £177,731 | £175,000 | 23 GREYFRIARS |
| 30 Oct 2023 | £183,672 | £179,500 | 6 CABIN LANE |
| 20 Oct 2023 | £230,229 | £225,000 | 36 CABIN LANE |
| 24 Mar 2023 | £195,261 | £192,000 | 31 BLACKFRIARS |
| 3 Oct 2022 | £237,208 | £238,000 | 29 CABIN LANE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 15 Apr 2013. Using an estimated price of £336,436 means this house is valued at £1,911 per sq meter (£177 per sq foot).
The average size of a house on CABIN LANE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middleton Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Middleton Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middleton Road |
| Apr 2024 | Anti-social behaviour | On or near Middleton Road | |
| Apr 2024 | Anti-social behaviour | On or near Middleton Road |