£500,019
This estimated value is based upon the latest sale price for the house of £410,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£410,000 | 11 Jan 2019 |
£315,000 | 1 May 2013 |
£325,000 | 5 Apr 2006 |
Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 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 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £410,000 results in an estimated price of approximately £500,019.
11 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 146.7 | 21.956 % | £410,000 | £90,019 | £500,019 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | -19.510 % | £-79,992 | £330,007 |
3 Month Average | 32.538 % | £133,405 | £543,405 |
6 Month Average | 3.202 % | £13,129 | £423,129 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 10 Oct 2018.
The average size of a house on WELLS CLOSE is 144 sq meters (1,558 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Wells Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosehill Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosehill Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Avondale Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Avondale Road |