£140,348
This estimated value is based upon the latest sale price for the house of £92,000 on 6 Aug 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 6 Aug 2014 |
| £91,000 | 2 Apr 2004 |
| £49,950 | 27 Apr 2001 |
| £42,500 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 46 sq meters or 495 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 August 2014 the House Price Index for SHROPSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £92,000 results in an estimated price of approximately £140,348.
| 6 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £92,000 | £48,348 | £140,348 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 54.770 % | £50,388 | £142,388 |
| 3 Month Average | 71.801 % | £66,056 | £158,056 |
| 6 Month Average | 68.490 % | £63,010 | £155,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £157,847 | £155,000 | 22 MAGPIE WAY |
| 25 Aug 2023 | £95,217 | £93,500 | 2 CHAINMAKERS GATE |
| 14 Apr 2023 | £168,145 | £165,000 | 25 MAGPIE WAY |
| 16 Jan 2023 | £90,241 | £90,000 | 34 FIELDFARE WAY |
| 6 Jan 2023 | £110,295 | £110,000 | 32 FIELDFARE WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 5 Aug 2019. Using an estimated price of £140,349 means this house is valued at £3,051 per sq meter (£283 per sq foot).
The average size of a house on MAGPIE WAY is 50 sq meters (546 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Magpie Way |
| Oct 2024 | Possession of weapons | Awaiting court outcome | On or near Magpie Way |
| Sep 2024 | Anti-social behaviour | On or near Fieldfare Way | |
| Sep 2024 | Anti-social behaviour | On or near Fieldfare Way | |
| Jul 2024 | Anti-social behaviour | On or near Wagtail Drive |