£227,034
This estimated value is based upon the latest sale price for the house of £147,500 on 3 Jul 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,500 | 3 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 July 2014 the House Price Index for SHROPSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £147,500 results in an estimated price of approximately £227,034.
| 3 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £147,500 | £79,534 | £227,034 |
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 | 88.952 % | £131,204 | £278,704 |
| 3 Month Average | 73.612 % | £108,577 | £256,077 |
| 6 Month Average | 61.095 % | £90,114 | £237,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £190,000 | £190,000 | 13 RIDDINGS CLOSE |
| 7 Sep 2023 | £153,381 | £150,000 | 15 WILKINSON AVENUE |
| 28 Feb 2023 | £303,024 | £301,000 | 4 POUND CRESCENT |
| 20 Feb 2023 | £417,791 | £415,000 | LA CHAUMIERE CHURCH STREET |
| 4 Jan 2023 | £180,432 | £179,950 | 116 BRIDGNORTH ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Sep 2013. Using an estimated price of £227,034 means this house is valued at £3,388 per sq meter (£314 per sq foot).
The average size of a house on BRIGHT GROVE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wilkinson Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wilkinson Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilkinson Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near B4373 |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near B4373 |