£242,079
This estimated value is based upon the latest sale price for the house of £237,500 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £237,500 | 8 Dec 2023 |
| £110,000 | 8 Nov 2002 |
| £57,000 | 19 Dec 1997 |
| £56,000 | 9 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 821 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 December 2023 the House Price Index for SHROPSHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £237,500 results in an estimated price of approximately £242,079.
| 8 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £237,500 | £4,579 | £242,079 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 5.130 % | £12,184 | £249,684 |
| 3 Month Average | -16.191 % | £-38,453 | £199,046 |
| 6 Month Average | -7.230 % | £-17,171 | £220,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £242,080 | £237,500 | 3 CHAFFINCH WAY |
| 19 Jul 2023 | £252,387 | £250,000 | 20 KESTREL DRIVE |
| 4 Jul 2023 | £252,387 | £250,000 | 12 CHAFFINCH WAY |
| 28 Apr 2023 | £236,760 | £235,000 | 2 ALBERBURY DRIVE |
| 21 Jun 2022 | £304,082 | £301,000 | 22 KESTREL DRIVE |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 8 Oct 2010. Using an estimated price of £242,080 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on CHAFFINCH WAY is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chaffinch Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chaffinch Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Hassacks |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Hassacks |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Bradleys |