£265,345
This estimated value is based upon the latest sale price for the house of £217,500 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£217,500 | 19 Jun 2020 |
£190,000 | 21 Aug 2015 |
Semi-Detached |
Freehold |
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 2020 the House Price Index for SHROPSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £217,500 results in an estimated price of approximately £265,345.
19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £217,500 | £47,845 | £265,345 |
The Postcode Pricing Model uses changes in average sales price within the SY5 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 | 40.781 % | £88,697 | £306,197 |
3 Month Average | 38.295 % | £83,290 | £300,790 |
6 Month Average | 29.807 % | £64,829 | £282,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £233,589 | £230,000 | 1 THE MOORS |
9 Nov 2021 | £1,634 | £1,500 | FINGER POST COTTAGE |
27 Aug 2021 | £247,252 | £220,000 | 22 SEVERN WAY |
19 Jun 2020 | £311,095 | £255,000 | 8 ASHDALE ROAD |
19 Jun 2020 | £265,346 | £217,500 | 3 RABY COTTAGES |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
Jul 2024 | Anti-social behaviour | On or near Orchard Close | |
Jul 2024 | Anti-social behaviour | On or near Orchard Close | |
Jul 2024 | Anti-social behaviour | On or near Orchard Close | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Close |