£247,104
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£200,000 | 8 Nov 2019 |
£187,950 | 27 May 2016 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £200,000 results in an estimated price of approximately £247,104.
8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £200,000 | £47,104 | £247,104 |
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 | -2.982 % | £-5,963 | £194,036 |
3 Month Average | 12.577 % | £25,154 | £225,154 |
6 Month Average | 9.936 % | £19,871 | £219,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £190,865 | £185,000 | 35 HOUGH WAY |
27 Nov 2023 | £266,720 | £259,950 | 31 HOUGH WAY |
6 Apr 2023 | £224,193 | £220,000 | 98 STONE DRIVE |
26 Sep 2022 | £308,794 | £309,000 | 108 STONE DRIVE |
21 Jun 2022 | £270,788 | £265,000 | 49 HOUGH WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Apr 2016. Using an estimated price of £247,105 means this house is valued at £3,385 per sq meter (£314 per sq foot).
The average size of a house on HOUGH WAY is 102 sq meters (1,105 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
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 |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrigton Way |