£440,743
This estimated value is based upon the latest sale price for the house of £432,500 on 13 Apr 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £432,500 | 13 Apr 2023 |
| £324,950 | 24 May 2019 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 April 2023 the House Price Index for SHROPSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £432,500 results in an estimated price of approximately £440,743.
| 13 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £432,500 | £8,243 | £440,743 |
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 | -20.593 % | £-89,064 | £343,435 |
| 3 Month Average | 6.023 % | £26,049 | £458,549 |
| 6 Month Average | 0.760 % | £3,285 | £435,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £163,607 | £160,000 | 44 LANCER ROAD |
| 13 Apr 2023 | £440,744 | £432,500 | 47 BROADHEAD DRIVE |
| 13 Jan 2023 | £335,898 | £335,000 | 26 BROADHEAD DRIVE |
| 29 Oct 2021 | £217,360 | £195,000 | 46 BROADHEAD DRIVE |
| 9 Feb 2021 | £285,848 | £249,950 | 37 LANCER ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 13 Feb 2019. Using an estimated price of £440,744 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on BROADHEAD DRIVE is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Broadhead Drive | |
| Aug 2024 | Anti-social behaviour | On or near Broadhead Drive | |
| Aug 2024 | Anti-social behaviour | On or near Broadhead Drive | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadhead Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Broadhead Drive |