£314,686
This estimated value is based upon the latest sale price for the house of £258,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Portland Crescent
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| Price Paid | Date |
|---|---|
| £258,000 | 24 Jan 2020 |
| £219,000 | 9 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2020 the House Price Index for SHROPSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £258,000 results in an estimated price of approximately £314,686.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £258,000 | £56,686 | £314,686 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 70.703 % | £182,414 | £440,414 |
| 3 Month Average | 27.774 % | £71,656 | £329,656 |
| 6 Month Average | 13.869 % | £35,782 | £293,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £374,545 | £369,000 | 14 PORTLAND CRESCENT |
| 14 Jun 2023 | £370,488 | £366,000 | 66 BELVIDERE ROAD |
| 27 Jan 2023 | £348,359 | £350,000 | 1 PORTLAND CRESCENT |
| 2 Sep 2022 | £337,276 | £340,000 | 11 PORTLAND CRESCENT |
| 1 Jul 2022 | £310,837 | £310,000 | 14 HIGHFIELDS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Nov 2016. Using an estimated price of £314,686 means this house is valued at £4,995 per sq meter (£464 per sq foot).
The average size of a house on PEACE DRIVE is 119 sq meters (1,286 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Portland Crescent |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Belvidere Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ragleth Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ragleth Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ragleth Gardens |