£213,711
This estimated value is based upon the latest sale price for the house of £172,990 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,990 | 25 Oct 2019 |
| £55,000 | 31 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 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 23.540%.Applying this 23.540% change to the original purchase price of £172,990 results in an estimated price of approximately £213,711.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £172,990 | £40,721 | £213,711 |
The Postcode Pricing Model uses changes in average sales price within the TF12 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 | 99.768 % | £172,588 | £345,578 |
| 3 Month Average | 40.853 % | £70,671 | £243,661 |
| 6 Month Average | 49.625 % | £85,846 | £258,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £275,000 | £275,000 | 24 CHERRYBROOK DRIVE |
| 21 Mar 2024 | £165,543 | £163,000 | 9 ASHMORE CRESCENT |
| 19 Oct 2023 | £214,829 | £209,950 | 31 EDINBURGH ROAD |
| 9 Mar 2023 | £244,076 | £240,000 | 5 WOODLANDS CLOSE |
| 12 Aug 2022 | £236,104 | £235,000 | 54 CHERRYBROOK DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Mar 2019. Using an estimated price of £213,712 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on CHERRYBROOK DRIVE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elizabeth Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlands Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |