£223,349
This estimated value is based upon the latest sale price for the house of £178,950 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,950 | 9 Mar 2018 |
| £58,000 | 30 Jul 1999 |
| £48,000 | 7 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 March 2018 the House Price Index for SHROPSHIRE was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £178,950 results in an estimated price of approximately £223,349.
| 9 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £178,950 | £44,399 | £223,349 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 3.151 % | £5,638 | £184,588 |
| 3 Month Average | -6.785 % | £-12,141 | £166,808 |
| 6 Month Average | -0.038 % | £-67 | £178,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £235,017 | £232,000 | 26 LODGE CLOSE |
| 30 Jun 2023 | £226,839 | £225,000 | 17 LODGE CLOSE |
| 23 Jun 2023 | £196,594 | £195,000 | 30 BRIMSTREE DRIVE |
| 31 Mar 2023 | £196,060 | £195,000 | 5 LODGE CLOSE |
| 24 Jan 2023 | £90,703 | £91,500 | 10 PARK COURT |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Sep 2015. Using an estimated price of £223,349 means this house is valued at £2,326 per sq meter (£216 per sq foot).
The average size of a house on LODGE CLOSE is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Mar 2024 | Anti-social behaviour | On or near Park Lane |