£216,573
This estimated value is based upon the latest sale price for the house of £205,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 25 Feb 2022 |
| £158,000 | 26 Apr 2019 |
| £140,000 | 6 Aug 2004 |
| £69,950 | 27 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2022 the House Price Index for SHROPSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £205,000 results in an estimated price of approximately £216,573.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £205,000 | £11,573 | £216,573 |
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 | 26.632 % | £54,595 | £259,595 |
| 3 Month Average | 5.889 % | £12,072 | £217,072 |
| 6 Month Average | 11.647 % | £23,876 | £228,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £194,949 | £190,000 | 14 GOWAN COURT |
| 9 Nov 2023 | £359,116 | £350,000 | 14 SHILLINGSTON DRIVE |
| 30 Jun 2022 | £229,915 | £225,000 | 2 FARRAN GROVE |
| 25 Feb 2022 | £216,574 | £205,000 | 23 FARRAN GROVE |
| 19 Jul 2021 | £193,927 | £167,500 | 20 GOWAN COURT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 Apr 2019. Using an estimated price of £216,574 means this house is valued at £3,937 per sq meter (£365 per sq foot).
The average size of a house on FARRAN GROVE is 63 sq meters (682 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Woodpecker Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bodkin Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bodkin Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bodkin Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bodkin Way |