£910,751
This estimated value is based upon the latest sale price for the house of £892,500 on 5 Jun 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£892,500 | 5 Jun 2023 |
£445,000 | 22 Aug 2002 |
Detached |
Freehold |
Floor Area: 249 sq meters or 2,680 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 June 2023 the House Price Index for SHROPSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £892,500 results in an estimated price of approximately £910,751.
5 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £892,500 | £18,251 | £910,751 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 63.071 % | £562,912 | £1,455,412 |
3 Month Average | -13.313 % | £-118,818 | £773,681 |
6 Month Average | -1.564 % | £-13,956 | £878,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £805,000 | £805,000 | 2 MAYFIELD GARDENS |
5 Dec 2023 | £433,315 | £420,000 | 77 PRESTON STREET |
20 Oct 2023 | £526,969 | £515,000 | 15 SUNFIELD PARK |
12 Oct 2023 | £926,032 | £905,000 | 16 MAYFIELD DRIVE |
23 Aug 2023 | £548,900 | £539,000 | 69 PRESTON STREET |
This house has a floor area of 249 sq meters or 2,680 sq feet when measured on 25 Nov 2021. Using an estimated price of £910,752 means this house is valued at £3,657 per sq meter (£339 per sq foot).
The average size of a house on MAYFIELD GARDENS is 286 sq meters (3,083 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sunfield Park |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Burkitt Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Burkitt Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Davison Drive |