£460,525
This estimated value is based upon the latest sale price for the house of £385,000 on 9 Sep 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 9 Sep 2020 |
| £365,000 | 16 Jun 2016 |
| £320,000 | 14 Dec 2005 |
| Detached |
| Freehold |
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 September 2020 the House Price Index for SHROPSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £385,000 results in an estimated price of approximately £460,525.
| 9 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £385,000 | £75,525 | £460,525 |
The Postcode Pricing Model uses changes in average sales price within the SY5 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 | -21.041 % | £-81,009 | £303,990 |
| 3 Month Average | 10.009 % | £38,534 | £423,534 |
| 6 Month Average | 22.624 % | £87,101 | £472,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £189,299 | £185,000 | FOXGLOVE COTTAGE MAIN ROAD |
| 20 Jun 2023 | £272,460 | £267,000 | COPPER BEECH HOUSE MAIN ROAD |
| 6 Apr 2023 | £173,240 | £170,000 | 30 CHURCH ROAD |
| 20 Mar 2023 | £279,671 | £275,000 | FUNCHAL CHURCH ROAD |
| 1 Feb 2023 | £412,757 | £410,000 | RIVENDELL CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Fernbrook |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fernbrook |
| Aug 2024 | Anti-social behaviour | On or near Forge Way | |
| Aug 2024 | Anti-social behaviour | On or near Forge Way | |
| Aug 2024 | Anti-social behaviour | On or near Forge Way |