£536,157
This estimated value is based upon the latest sale price for the house of £435,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £435,000 | 21 Feb 2020 |
| £385,000 | 23 Oct 2014 |
| £250,000 | 11 Aug 2003 |
| £128,000 | 6 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 February 2020 the House Price Index for SHROPSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £435,000 results in an estimated price of approximately £536,157.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £435,000 | £101,157 | £536,157 |
The Postcode Pricing Model uses changes in average sales price within the SY6 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 | -18.219 % | £-79,253 | £355,746 |
| 3 Month Average | 219.932 % | £956,703 | £1,391,703 |
| 6 Month Average | 36.265 % | £157,751 | £592,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £428,589 | £420,000 | 16 RAGLETH ROAD |
| 23 Mar 2023 | £495,780 | £487,500 | 12 THE BRIDLEWAYS |
| 14 Mar 2023 | £467,813 | £460,000 | 20 RAGLETH ROAD |
| 25 Nov 2022 | £399,134 | £401,000 | 15 THE BRIDLEWAYS |
| 28 Oct 2022 | £822,254 | £825,000 | MULBERRY HOUSE HAZLER ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 17 Jun 2019. Using an estimated price of £536,158 means this house is valued at £5,010 per sq meter (£465 per sq foot).
The average size of a house on CHELMICK CLOSE is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Snatchfields Lane |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Caradoc Drive |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |