£213,703
This estimated value is based upon the latest sale price for the house of £56,500 on 5 May 2000. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Lapwood Drive
More crime details
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Price Paid | Date |
---|---|
£56,500 | 5 May 2000 |
£42,000 | 27 Jun 1997 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 616 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 May 2000 the House Price Index for SHROPSHIRE was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £56,500 results in an estimated price of approximately £213,703.
5 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 148.6 | 278.236 % | £56,500 | £157,203 | £213,703 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 104.024 % | £58,773 | £115,273 |
3 Month Average | 216.189 % | £122,146 | £178,646 |
6 Month Average | 251.408 % | £142,045 | £198,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £75,318 | £74,000 | 28 LAPWOOD DRIVE |
29 Nov 2023 | £355,260 | £350,000 | 1 BUTTERWICK DRIVE |
17 Nov 2023 | £355,260 | £350,000 | 6 BUTTERWICK DRIVE |
22 Sep 2023 | £81,036 | £80,000 | 46 BARKSTONE DRIVE |
16 Jun 2023 | £178,158 | £176,000 | 41 BARKSTONE DRIVE |
This house has a floor area of 57 sq meters or 616 sq feet when measured on 27 Nov 2008. Using an estimated price of £213,703 means this house is valued at £3,733 per sq meter (£346 per sq foot).
The average size of a house on BARKSTONE DRIVE is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Lapwood Drive |
Dec 2023 | Robbery | Unable to prosecute suspect | On or near Lapwood Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Butterwick Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadhaven Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Moveage |