£222,170
This estimated value is based upon the latest sale price for the house of £159,950 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,950 | 30 Oct 2015 |
| £176,500 | 29 Feb 2008 |
| £31,040 | 31 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,177 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 2015 the House Price Index for SHROPSHIRE was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £159,950 results in an estimated price of approximately £222,170.
| 30 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 146.7 | 38.900 % | £159,950 | £62,220 | £222,170 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | 36.487 % | £58,360 | £218,310 |
| 3 Month Average | 20.968 % | £33,538 | £193,488 |
| 6 Month Average | 7.086 % | £11,334 | £171,284 |
This house has a floor area of 109 sq meters or 1,177 sq feet when measured on 19 Apr 2011.
The average size of a house on HERMITAGE CLOSE is 95 sq meters (1,030 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Morfe Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lodge Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |