£417,535
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Nov 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£280,000 | 25 Nov 2014 |
£132,500 | 27 Aug 1999 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 November 2014 the House Price Index for SHROPSHIRE was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £280,000 results in an estimated price of approximately £417,535.
25 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.0 | 49.120 % | £280,000 | £137,535 | £417,535 |
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 | 29.927 % | £83,795 | £363,795 |
3 Month Average | 36.683 % | £102,711 | £382,711 |
6 Month Average | 37.854 % | £105,989 | £385,989 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £206,405 | £202,500 | 2 THE GRANARY BETTON MILL BETTON ROAD |
14 Feb 2023 | £383,188 | £385,000 | 12 SAMBROOK CRESCENT |
25 Nov 2022 | £372,952 | £379,000 | TALBOT HOUSE NEWCASTLE ROAD |
21 Oct 2022 | £320,240 | £325,000 | FARNLEY BETTON ROAD |
29 Jul 2022 | £524,292 | £525,000 | 15 MILLFIELD DRIVE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 14 Oct 2014. Using an estimated price of £417,535 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on MILLFIELD DRIVE is 169 sq meters (1,827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Betton Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterside Drive |
Apr 2024 | Anti-social behaviour | On or near Balmoral Drive | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |