£404,433
This estimated value is based upon the latest sale price for the house of £325,000 on 26 Feb 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£325,000 | 26 Feb 2019 |
£280,000 | 12 Dec 2013 |
£174,000 | 22 Feb 2002 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 February 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £325,000 results in an estimated price of approximately £404,433.
26 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £325,000 | £79,433 | £404,433 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | -26.043 % | £-84,639 | £240,360 |
3 Month Average | 31.337 % | £101,846 | £426,846 |
6 Month Average | 36.047 % | £117,152 | £442,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £345,000 | £345,000 | 22 COPPICE DRIVE |
19 Dec 2023 | £324,986 | £315,000 | 9 HAWTHORN CLOSE |
12 Dec 2023 | £304,352 | £295,000 | 10 HAWTHORN CLOSE |
31 Oct 2023 | £347,902 | £340,000 | 34 COPPICE DRIVE |
29 Jun 2023 | £326,544 | £320,000 | 23 ROMAN DOWNS |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 15 Mar 2018. Using an estimated price of £404,434 means this house is valued at £3,315 per sq meter (£307 per sq foot).
The average size of a house on COPPICE DRIVE is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Chestnut Avenue | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Downs |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Downs |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Downs |
Sep 2024 | Anti-social behaviour | On or near Coronation Road |