£588,635
This estimated value is based upon the latest sale price for the house of £480,000 on 3 Oct 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 3 Oct 2019 |
| £430,000 | 16 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £480,000 results in an estimated price of approximately £588,635.
| 3 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £480,000 | £108,635 | £588,635 |
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 | -61.436 % | £-294,892 | £185,107 |
| 3 Month Average | -61.063 % | £-293,103 | £186,896 |
| 6 Month Average | 31.292 % | £150,202 | £630,202 |
| 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 |
| 10 Mar 2023 | £398,757 | £395,000 | 26 IRONBRIDGE ROAD |
| 20 Feb 2023 | £264,822 | £265,000 | 47 BRANDYWELL ROAD |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 14 Sep 2017. Using an estimated price of £588,635 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on IRONBRIDGE ROAD is 153 sq meters (1,655 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 |