£186,472
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Mar 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 March 2014 the House Price Index for SHROPSHIRE was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £120,000 results in an estimated price of approximately £186,472.
| 17 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £120,000 | £66,472 | £186,472 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -8.909 % | £-10,691 | £109,308 |
| 3 Month Average | 31.858 % | £38,229 | £158,229 |
| 6 Month Average | 39.684 % | £47,620 | £167,620 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 23 May 2013.
The average size of a house on NEWFIELD DRIVE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Newfield Drive |
| Jan 2024 | Drugs | Under investigation | On or near Newfield Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newpark Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Park Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Park Close |