£165,525
This estimated value is based upon the latest sale price for the house of £133,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,000 | 17 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2017 the House Price Index for SHROPSHIRE was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £133,000 results in an estimated price of approximately £165,525.
| 17 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £133,000 | £32,525 | £165,525 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 15.639 % | £20,800 | £153,800 |
| 3 Month Average | 32.438 % | £43,142 | £176,142 |
| 6 Month Average | 19.331 % | £25,710 | £158,710 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Oct 2017.
The average size of a house on MORFE ROAD is 92 sq meters (993 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Morfe Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beeston'S Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Beeston'S Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beeston'S Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |