£425,185
This estimated value is based upon the latest sale price for the house of £390,250 on 10 Nov 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,250 | 10 Nov 2021 |
| £128,000 | 22 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2021 the House Price Index for SHROPSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £390,250 results in an estimated price of approximately £425,185.
| 10 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £390,250 | £34,935 | £425,185 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 4.783 % | £18,663 | £408,913 |
| 3 Month Average | -32.491 % | £-126,795 | £263,454 |
| 6 Month Average | 17.538 % | £68,440 | £458,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £262,278 | £260,000 | 3 INNAGE CRESCENT |
| 8 Dec 2023 | £268,243 | £260,000 | 13 RICHMOND GARDENS |
| 4 Dec 2023 | £299,194 | £290,000 | 37 CRICKET MEADOW |
| 10 Oct 2023 | £271,159 | £265,000 | 67 INNAGE LANE |
| 2 Aug 2023 | £269,867 | £265,000 | 4 GREENFIELDS ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 6 Nov 2017. Using an estimated price of £425,185 means this house is valued at £3,603 per sq meter (£334 per sq foot).
The average size of a house on RICHMOND GARDENS is 123 sq meters (1,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Richmond Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Richmond Gardens | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Gardens |
| Sep 2024 | Burglary | Under investigation | On or near Innage Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Innage Gardens |