£237,041
This estimated value is based upon the latest sale price for the house of £125,000 on 8 Nov 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 8 Nov 2004 |
| Semi-Detached |
| Freehold |
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 2004 the House Price Index for SHROPSHIRE was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £125,000 results in an estimated price of approximately £237,041.
| 8 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £125,000 | £112,041 | £237,041 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 34.421 % | £43,026 | £168,026 |
| 3 Month Average | 67.604 % | £84,505 | £209,505 |
| 6 Month Average | 73.716 % | £92,145 | £217,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £127,000 | £127,000 | 34 FERNHILL LANE |
| 19 Apr 2024 | £423,674 | £419,995 | 84 FERNHILL LANE |
| 5 Apr 2024 | £262,273 | £259,995 | 72 FERNHILL LANE |
| 20 Dec 2023 | £268,237 | £259,995 | 68 FERNHILL LANE |
| 20 Dec 2023 | £268,237 | £259,995 | 62 FERNHILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Willow Drive |
| Sep 2024 | Public order | Under investigation | On or near Fernhill Close |
| Sep 2024 | Drugs | Under investigation | On or near Heather Bank |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Heather Bank |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Heather Bank |