£501,018
This estimated value is based upon the latest sale price for the house of £95,000 on 14 Mar 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£95,000 | 14 Mar 1997 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 1997 the House Price Index for SHROPSHIRE was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £95,000 results in an estimated price of approximately £501,018.
14 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 427.388 % | £95,000 | £406,018 | £501,018 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | 217.835 % | £206,943 | £301,943 |
3 Month Average | 429.290 % | £407,825 | £502,825 |
6 Month Average | 418.201 % | £397,291 | £492,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £345,000 | £345,000 | 22 COPPICE DRIVE |
19 Dec 2023 | £324,986 | £315,000 | 9 HAWTHORN CLOSE |
12 Dec 2023 | £304,352 | £295,000 | 10 HAWTHORN CLOSE |
31 Oct 2023 | £347,902 | £340,000 | 34 COPPICE DRIVE |
29 Jun 2023 | £326,544 | £320,000 | 23 ROMAN DOWNS |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Jan 2015. Using an estimated price of £501,019 means this house is valued at £4,864 per sq meter (£451 per sq foot).
The average size of a house on COPPICE DRIVE is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Chestnut Avenue | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Downs |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Downs |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Roman Downs |
Sep 2024 | Anti-social behaviour | On or near Coronation Road |