£204,444
This estimated value is based upon the latest sale price for the house of £162,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 27 Oct 2017 |
| £165,000 | 29 Sep 2017 |
| £164,000 | 18 Jan 2008 |
| £42,000 | 9 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2017 the House Price Index for SHROPSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £162,000 results in an estimated price of approximately £204,444.
| 27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £162,000 | £42,444 | £204,444 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | -43.292 % | £-70,132 | £91,867 |
| 3 Month Average | -56.345 % | £-91,279 | £70,720 |
| 6 Month Average | 22.943 % | £37,167 | £199,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £190,330 | £187,000 | 18 BRANDYWELL ROAD |
| 1 Nov 2023 | £177,630 | £175,000 | 5 BRANDYWELL ROAD |
| 1 Nov 2023 | £220,768 | £217,500 | 39 COCKSHUTT LANE |
| 21 Apr 2023 | £197,122 | £195,000 | 16 BRAMBLEWOOD |
| 3 Mar 2023 | £244,302 | £242,000 | 38 COCKSHUTT LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Nov 2009. Using an estimated price of £204,444 means this house is valued at £2,555 per sq meter (£237 per sq foot).
The average size of a house on REDFIELD CLOSE is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redfield Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Underwood |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshutt Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cockshutt Lane |