£164,138
This estimated value is based upon the latest sale price for the house of £114,000 on 24 Aug 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 24 Aug 2015 |
| £111,500 | 7 Jul 2006 |
| £33,500 | 18 Apr 1996 |
| Terraced |
| 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 August 2015 the House Price Index for SHROPSHIRE was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £114,000 results in an estimated price of approximately £164,138.
| 24 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £114,000 | £50,138 | £164,138 |
The Postcode Pricing Model uses changes in average sales price within the TF7 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 | 20.111 % | £22,926 | £136,926 |
| 3 Month Average | 31.341 % | £35,728 | £149,728 |
| 6 Month Average | 25.863 % | £29,483 | £143,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £209,764 | £205,000 | 4 TIMSBURY LANE |
| 16 Feb 2023 | £221,479 | £220,000 | 33 WREKIN VIEW |
| 1 Sep 2022 | £244,836 | £245,000 | 52 HERMITAGE WAY |
| 12 Aug 2022 | £160,701 | £159,950 | 11 BIRBECK DRIVE |
| 22 Apr 2022 | £179,474 | £173,000 | 14 SAGGARS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saggars Close |
| Oct 2024 | Anti-social behaviour | On or near Wrekin View |