£230,232
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Jan 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 24 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 January 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £185,000 results in an estimated price of approximately £230,232.
24 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £185,000 | £45,232 | £230,232 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 82.988 % | £153,528 | £338,528 |
3 Month Average | 8.364 % | £15,473 | £200,473 |
6 Month Average | 4.148 % | £7,673 | £192,673 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £272,922 | £268,000 | 17 WHEATFIELD DRIVE |
2 Aug 2023 | £336,010 | £329,950 | 12 BROOKSIDE CLOSE |
2 Jun 2023 | £304,094 | £298,000 | 10 SYCAMORE CLOSE |
2 Jun 2023 | £263,276 | £258,000 | 18 BEECH DRIVE |
20 Jul 2022 | £328,289 | £325,000 | 43 BEECH DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 Aug 2018. Using an estimated price of £230,232 means this house is valued at £2,530 per sq meter (£235 per sq foot).
The average size of a house on OAKFIELD ROAD is 116 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Close |
May 2024 | Public order | Under investigation | On or near Brookside Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Haughton Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haughton Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haughton Drive |