£188,878
This estimated value is based upon the latest sale price for the house of £175,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£175,000 | 3 Dec 2021 |
£167,500 | 26 Jun 2019 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 December 2021 the House Price Index for SHROPSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £175,000 results in an estimated price of approximately £188,878.
3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £175,000 | £13,878 | £188,878 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 99.875 % | £174,780 | £349,780 |
3 Month Average | 50.947 % | £89,156 | £264,156 |
6 Month Average | 16.090 % | £28,158 | £203,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £472,897 | £465,000 | 1 CROFT WAY |
16 Aug 2022 | £185,869 | £185,000 | 9 VERRILL CLOSE |
22 Jul 2022 | £303,036 | £300,000 | 2 PEZENAS DRIVE |
17 Jun 2022 | £257,504 | £252,000 | 14 CROFT WAY |
3 Dec 2021 | £188,879 | £175,000 | 5 VERRILL CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 May 2019. Using an estimated price of £188,879 means this house is valued at £3,256 per sq meter (£302 per sq foot).
The average size of a house on VERRILL CLOSE is 107 sq meters (1,160 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Verrill Close |
Jul 2024 | Anti-social behaviour | On or near Stevens Grove | |
May 2024 | Violence and sexual offences | Under investigation | On or near Orwell Road |
Apr 2024 | Anti-social behaviour | On or near Orwell Road | |
Apr 2024 | Anti-social behaviour | On or near Orwell Road |