£279,312
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 16 Nov 2018 |
| £172,000 | 14 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £225,000 results in an estimated price of approximately £279,312.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £225,000 | £54,312 | £279,312 |
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 | 17.443 % | £39,247 | £264,247 |
| 3 Month Average | 15.534 % | £34,950 | £259,950 |
| 6 Month Average | 13.356 % | £30,050 | £255,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £324,993 | £320,000 | 10 REDFIELD |
| 13 Oct 2023 | £184,183 | £180,000 | 32 THORNTON ROAD |
| 11 Sep 2023 | £199,396 | £195,000 | 9 LEABANK CLOSE |
| 8 Nov 2019 | £247,105 | £200,000 | 5 BERINSFIELD CLOSE |
| 6 Sep 2019 | £241,029 | £195,000 | 4 REEDHAM ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Jun 2013. Using an estimated price of £279,312 means this house is valued at £3,826 per sq meter (£355 per sq foot).
The average size of a house on BERINSFIELD CLOSE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Watchcote |
| Jul 2024 | Public order | Under investigation | On or near Katesway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Emscote |