£298,869
This estimated value is based upon the latest sale price for the house of £240,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 3 May 2019 |
£219,995 | 27 Jan 2012 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,012 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 May 2019 the House Price Index for SHROPSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £240,000 results in an estimated price of approximately £298,869.
3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £240,000 | £58,869 | £298,869 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | 73.361 % | £176,065 | £416,065 |
3 Month Average | 26.366 % | £63,277 | £303,277 |
6 Month Average | 11.602 % | £27,844 | £267,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £133,386 | £130,000 | 13 STONE DRIVE |
24 Feb 2023 | £422,824 | £420,000 | 25 STONE DRIVE |
26 Sep 2022 | £308,794 | £309,000 | 108 STONE DRIVE |
9 Sep 2022 | £309,793 | £310,000 | 112 STONE DRIVE |
9 Sep 2022 | £357,261 | £357,500 | 114 STONE DRIVE |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 20 Dec 2011. Using an estimated price of £298,869 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on STONE DRIVE is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Williams Crescent |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Williams Crescent |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hough Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hough Way |