£192,945
This estimated value is based upon the latest sale price for the house of £123,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £123,000 | 11 Apr 2014 |
| £51,000 | 7 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 April 2014 the House Price Index for SHROPSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £123,000 results in an estimated price of approximately £192,945.
| 11 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £123,000 | £69,945 | £192,945 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | 12.276 % | £15,099 | £138,099 |
| 3 Month Average | 50.103 % | £61,626 | £184,626 |
| 6 Month Average | 30.213 % | £37,161 | £160,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £258,979 | £255,000 | 3 PASMORE CLOSE |
| 24 Nov 2023 | £153,907 | £150,000 | 1 RUSKIN WAY |
| 3 Nov 2023 | £256,511 | £250,000 | 5 RUSKIN WAY |
| 30 Jun 2023 | £229,601 | £225,000 | 31 MALORY DRIVE |
| 8 Feb 2023 | £194,298 | £193,000 | 9A CHAPEL LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Jun 2015. Using an estimated price of £192,946 means this house is valued at £3,385 per sq meter (£314 per sq foot).
The average size of a house on MALORY DRIVE is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Housman Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Housman Close |
| Jul 2024 | Anti-social behaviour | On or near Malory Drive | |
| Jul 2024 | Anti-social behaviour | On or near Malory Drive | |
| Jul 2024 | Anti-social behaviour | On or near Malory Drive |