£344,895
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Mar 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Oakfield Park
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Price Paid | Date |
---|---|
£220,000 | 7 Mar 2014 |
£218,000 | 29 Jul 2005 |
£95,000 | 13 Jul 2000 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 2014 the House Price Index for SHROPSHIRE was 94.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.771%.Applying this 56.771% change to the original purchase price of £220,000 results in an estimated price of approximately £344,895.
7 Mar 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.0 | 56.771 % | £220,000 | £124,895 | £344,895 |
The Postcode Pricing Model uses changes in average sales price within the TF13 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 | -4.892 % | £-10,761 | £209,238 |
3 Month Average | 3.013 % | £6,628 | £226,628 |
6 Month Average | 54.544 % | £119,995 | £339,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £273,925 | £273,000 | 11 FALCONS COURT |
12 Jul 2023 | £353,342 | £350,000 | 60 OAKFIELD PARK |
2 Jun 2023 | £257,589 | £255,500 | 13 ST MARYS ROAD |
17 Apr 2023 | £390,402 | £387,500 | 8 SWAN MEADOW |
14 Apr 2023 | £327,434 | £325,000 | 14 OAKFIELD PARK |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Sep 2013. Using an estimated price of £344,895 means this house is valued at £4,365 per sq meter (£405 per sq foot).
The average size of a house on OAKFIELD PARK is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakfield Park |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Callaughtons Ash |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Callaughtons Ash |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Feb 2024 | Drugs | Under investigation | On or near Park Road |