£261,694
This estimated value is based upon the latest sale price for the house of £173,500 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,500 | 21 Nov 2014 |
| £140,000 | 5 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2014 the House Price Index for SHROPSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £173,500 results in an estimated price of approximately £261,694.
| 21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £173,500 | £88,194 | £261,694 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 25.971 % | £45,058 | £218,558 |
| 3 Month Average | 54.637 % | £94,795 | £268,295 |
| 6 Month Average | 39.039 % | £67,732 | £241,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £190,934 | £188,000 | 8 KENNET BANK |
| 15 Nov 2023 | £221,626 | £216,000 | 77 GREENACRES |
| 18 Sep 2023 | £241,320 | £236,000 | 7 KENNET BANK |
| 22 Aug 2023 | £203,673 | £200,000 | 37 LUDFORD VIEW |
| 11 Aug 2023 | £183,306 | £180,000 | 6 KENNET BANK |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Apr 2014. Using an estimated price of £261,694 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on GREENACRES is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Green Acres |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Mary Elizabeth Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Acres |
| Aug 2024 | Other crime | Under investigation | On or near Green Acres |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Acres |