£224,015
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Mar 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 20 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £180,000 results in an estimated price of approximately £224,015.
| 20 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £180,000 | £44,015 | £224,015 |
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 | 7.080 % | £12,743 | £192,743 |
| 3 Month Average | 5.740 % | £10,331 | £190,331 |
| 6 Month Average | 8.151 % | £14,671 | £194,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £366,180 | £363,000 | 17 ELMFIELD ROAD |
| 26 Apr 2024 | £322,803 | £320,000 | 18 ELMFIELD ROAD |
| 5 Apr 2024 | £569,949 | £565,000 | 44 PRESTON STREET |
| 20 Dec 2023 | £361,096 | £350,000 | 37 BELVIDERE AVENUE |
| 15 Nov 2023 | £378,611 | £369,000 | 14 PORTLAND CRESCENT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Nov 2018. Using an estimated price of £224,016 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on MCGREDY DRIVE is 114 sq meters (1,227 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Talisman Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Drive |