£468,160
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Oct 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 31 Oct 2021 |
| £110,000 | 11 Nov 2011 |
| £31,020 | 12 Apr 2002 |
| 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 October 2021 the House Price Index for SHROPSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £420,000 results in an estimated price of approximately £468,160.
| 31 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £420,000 | £48,160 | £468,160 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 6.029 % | £25,323 | £445,323 |
| 3 Month Average | 19.338 % | £81,221 | £501,221 |
| 6 Month Average | 11.146 % | £46,813 | £466,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £98,012 | £95,000 | 49 WEST PLACE |
| 10 Aug 2023 | £234,224 | £230,000 | LYNCROFT ST MARTINS ROAD |
| 3 Mar 2023 | £203,397 | £200,000 | 58 FERNHILL LANE |
| 31 Aug 2022 | £261,171 | £259,950 | 17 FERNHILL LANE |
| 27 May 2022 | £228,452 | £222,500 | CARLYN ST MARTINS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near West Place |
| Aug 2024 | Anti-social behaviour | On or near West Place | |
| Aug 2024 | Anti-social behaviour | On or near West Place | |
| Aug 2024 | Anti-social behaviour | On or near West Place | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near West Place |