£217,160
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Feb 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 6 Feb 2002 |
| Terraced |
| 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 February 2002 the House Price Index for SHROPSHIRE was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £70,000 results in an estimated price of approximately £217,160.
| 6 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £70,000 | £147,160 | £217,160 |
The Postcode Pricing Model uses changes in average sales price within the WV7 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 | 152.090 % | £106,462 | £176,462 |
| 3 Month Average | 203.766 % | £142,635 | £212,635 |
| 6 Month Average | 204.038 % | £142,826 | £212,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £375,000 | £375,000 | 7 BUSH CLOSE |
| 28 Mar 2024 | £380,851 | £375,000 | 27 BUSHFIELD ROAD |
| 5 Mar 2024 | £330,071 | £325,000 | 9 THE ORCHARD |
| 31 Mar 2023 | £345,774 | £340,000 | 23 STATION ROAD |
| 8 Aug 2022 | £374,752 | £373,000 | 21 BUSHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jun 2024 | Theft from the person | Under investigation | On or near Petrol Station |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Public order | Under investigation | On or near High Street |