£315,342
This estimated value is based upon the latest sale price for the house of £270,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£270,000 | 20 Nov 2020 |
£195,000 | 24 Jun 2013 |
£237,500 | 2 Sep 2005 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 November 2020 the House Price Index for SHROPSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £270,000 results in an estimated price of approximately £315,342.
20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £270,000 | £45,342 | £315,342 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | 53.152 % | £143,510 | £413,510 |
3 Month Average | 7.173 % | £19,368 | £289,368 |
6 Month Average | 12.812 % | £34,592 | £304,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £330,969 | £325,000 | 40 SYCAMORE CLOSE |
29 Jun 2023 | £326,544 | £320,000 | 23 ROMAN DOWNS |
1 Jun 2023 | £316,339 | £310,000 | 4 ROMAN DOWNS |
8 Jul 2022 | £454,555 | £450,000 | 26 COPPICE DRIVE |
8 Jun 2022 | £430,196 | £421,000 | 16 COPPICE DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 11 Mar 2020. Using an estimated price of £315,343 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on SYCAMORE CLOSE is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
Jun 2024 | Other theft | Under investigation | On or near Chestnut Avenue |
Jul 2024 | Anti-social behaviour | On or near Carwood Way | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carwood Way |
May 2024 | Violence and sexual offences | Under investigation | On or near Sibdon Fields |