£357,235
This estimated value is based upon the latest sale price for the house of £249,950 on 13 Aug 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£249,950 | 13 Aug 2015 |
£192,000 | 28 Nov 2003 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 August 2015 the House Price Index for SHROPSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £249,950 results in an estimated price of approximately £357,235.
13 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £249,950 | £107,285 | £357,235 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 63.198 % | £157,962 | £407,912 |
3 Month Average | 35.599 % | £88,979 | £338,929 |
6 Month Average | 47.964 % | £119,886 | £369,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £229,003 | £227,000 | 70 ADAMS RIDGE |
20 Jan 2023 | £169,203 | £170,000 | 17 STEPHENSON DRIVE |
23 Nov 2022 | £235,152 | £238,000 | 15 PEMBERTON WAY |
25 Jul 2022 | £381,026 | £380,000 | 17 SUTTON LANE |
21 Jan 2022 | £236,792 | £225,000 | 14 SUTTON LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 27 May 2015. Using an estimated price of £357,235 means this house is valued at £3,502 per sq meter (£325 per sq foot).
The average size of a house on SUTTON LANE is 93 sq meters (1,002 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Pemberton Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stephenson Drive |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Stephenson Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stephenson Drive |
Jan 2024 | Other crime | Under investigation | On or near Stephenson Drive |