£349,865
This estimated value is based upon the latest sale price for the house of £330,000 on 26 Jan 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 26 Jan 2022 |
| £220,000 | 24 Nov 2009 |
| £82,000 | 3 Jul 1998 |
| Detached |
| Freehold |
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 January 2022 the House Price Index for SHROPSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £330,000 results in an estimated price of approximately £349,865.
| 26 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £330,000 | £19,865 | £349,865 |
The Postcode Pricing Model uses changes in average sales price within the SY5 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 | 35.183 % | £116,105 | £446,105 |
| 3 Month Average | 11.465 % | £37,833 | £367,833 |
| 6 Month Average | 15.423 % | £50,897 | £380,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2024 | £260,000 | £260,000 | 16 ASHFORD WAY |
| 22 Mar 2024 | £355,461 | £350,000 | ARBURY MINSTERLEY ROAD |
| 8 Sep 2023 | £265,861 | £260,000 | 3 MOUNT WAY |
| 14 Aug 2023 | £496,454 | £487,500 | KINGSLEY MINSTERLEY ROAD |
| 9 Aug 2023 | £392,071 | £385,000 | 2A BROOK VILLAS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mount Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mount Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mount Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mount Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Close |