£371,886
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Beech Drive
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| Price Paid | Date |
|---|---|
| £230,000 | 13 Dec 2013 |
| £237,000 | 30 Jul 2004 |
| £149,000 | 30 Aug 2001 |
| £96,000 | 1 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 December 2013 the House Price Index for SHROPSHIRE was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £230,000 results in an estimated price of approximately £371,886.
| 13 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £230,000 | £141,886 | £371,886 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 93.425 % | £214,877 | £444,877 |
| 3 Month Average | 71.988 % | £165,572 | £395,572 |
| 6 Month Average | 53.799 % | £123,737 | £353,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £206,796 | £205,000 | 50 COALPORT ROAD |
| 12 Dec 2023 | £206,340 | £200,000 | 6 PRESTAGE CLOSE |
| 23 Jun 2023 | £494,918 | £485,000 | 19 COALPORT CLOSE |
| 17 Feb 2023 | £167,620 | £166,500 | 42 COALPORT ROAD |
| 7 Jan 2022 | £371,069 | £350,000 | 58 COALPORT ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 10 Jul 2013. Using an estimated price of £371,887 means this house is valued at £2,414 per sq meter (£224 per sq foot).
The average size of a house on IRONBRIDGE ROAD is 153 sq meters (1,655 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Beech Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beech Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beech Drive |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Beech Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Drive |