£413,905
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 30 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 September 2020 the House Price Index for SHROPSHIRE was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £350,000 results in an estimated price of approximately £413,905.
| 30 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £350,000 | £63,905 | £413,905 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 97.764 % | £342,172 | £692,172 |
| 3 Month Average | 32.923 % | £115,230 | £465,230 |
| 6 Month Average | 46.959 % | £164,358 | £514,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £431,458 | £430,000 | 7 THE BEECHES |
| 8 Dec 2023 | £703,306 | £690,000 | 24 CHESTER ROAD |
| 30 Nov 2023 | £562,218 | £555,000 | 30 CHESTER ROAD |
| 7 Nov 2023 | £481,177 | £475,000 | 14 CHESTER AVENUE |
| 7 Jul 2023 | £504,775 | £500,000 | 34 CHESTER ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 18 Oct 2018. Using an estimated price of £413,906 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on ORCHARD AVENUE is 122 sq meters (1,318 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Oak Tree Way | |
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Way | |
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Way | |
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Way | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oak Tree Way |