£592,378
This estimated value is based upon the latest sale price for the house of £586,000 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Ludlow Road
More crime details
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| Price Paid | Date |
|---|---|
| £586,000 | 5 Apr 2023 |
| £300,000 | 11 Apr 2014 |
| £240,000 | 24 Oct 2005 |
| £161,500 | 6 Dec 2002 |
| £107,000 | 14 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 April 2023 the House Price Index for SHROPSHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £586,000 results in an estimated price of approximately £592,378.
| 5 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £586,000 | £6,378 | £592,378 |
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 | -28.408 % | £-166,470 | £419,529 |
| 3 Month Average | -23.479 % | £-137,584 | £448,415 |
| 6 Month Average | -11.596 % | £-67,953 | £518,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £249,363 | £245,000 | 8 CROSS BANK |
| 8 Sep 2023 | £557,123 | £550,000 | 66 LUDLOW ROAD |
| 5 Apr 2023 | £592,378 | £586,000 | 50 LUDLOW ROAD |
| 1 Sep 2022 | £376,956 | £380,000 | 53 LUDLOW ROAD |
| 15 Aug 2022 | £222,401 | £223,000 | 6 BROCKHURST |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 4 Feb 2020. Using an estimated price of £592,378 means this house is valued at £4,777 per sq meter (£443 per sq foot).
The average size of a house on LUDLOW ROAD is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ludlow Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcote Edge |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Street Meadow |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B5477 |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Elms Paddock |