£103,170
This estimated value is based upon the latest sale price for the house of £100,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 20 Dec 2023 |
| £53,000 | 15 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2023 the House Price Index for SHROPSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £100,000 results in an estimated price of approximately £103,170.
| 20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £100,000 | £3,170 | £103,170 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 42.229 % | £42,228 | £142,228 |
| 3 Month Average | 24.534 % | £24,534 | £124,534 |
| 6 Month Average | 6.997 % | £6,997 | £106,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £103,170 | £100,000 | 38 GROVE CRESCENT |
| 10 Nov 2023 | £190,844 | £186,000 | 6 ST NICHOLAS CRESCENT |
| 1 Feb 2023 | £171,143 | £170,000 | 17 PRIORY ROAD |
| 21 Jul 2022 | £217,176 | £215,000 | 2 ST NICHOLAS CRESCENT |
| 4 Apr 2022 | £184,142 | £177,500 | 54 BERNARDS HILL |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Jul 2020. Using an estimated price of £103,170 means this house is valued at £1,339 per sq meter (£124 per sq foot).
The average size of a house on GROVE CRESCENT is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Crescent | |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Crescent | |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Crescent | |
| Oct 2024 | Burglary | Under investigation | On or near Walker Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Walker Close |