£310,592
This estimated value is based upon the latest sale price for the house of £89,950 on 18 May 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 18 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2001 the House Price Index for SHROPSHIRE was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £89,950 results in an estimated price of approximately £310,592.
| 18 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £89,950 | £220,642 | £310,592 |
The Postcode Pricing Model uses changes in average sales price within the TF13 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 | 218.312 % | £196,372 | £286,322 |
| 3 Month Average | 188.832 % | £169,854 | £259,804 |
| 6 Month Average | 196.433 % | £176,691 | £266,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £465,256 | £455,000 | 4 THE PADDOCK |
| 2 Aug 2023 | £427,714 | £420,000 | 12 SWAN MEADOW |
| 2 Jun 2023 | £260,725 | £255,500 | 13 ST MARYS ROAD |
| 17 Apr 2023 | £394,886 | £387,500 | 8 SWAN MEADOW |
| 14 Apr 2023 | £331,195 | £325,000 | 14 OAKFIELD PARK |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 May 2016. Using an estimated price of £310,593 means this house is valued at £3,235 per sq meter (£300 per sq foot).
The average size of a house on HODGECROFT ESTATE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Racecourse Lane |
| Jun 2024 | Anti-social behaviour | On or near Oakfield Park | |
| Jun 2024 | Anti-social behaviour | On or near Oakfield Park | |
| May 2024 | Anti-social behaviour | On or near Oakfield Park | |
| May 2024 | Anti-social behaviour | On or near Oakfield Park |