£306,931
This estimated value is based upon the latest sale price for the house of £297,500 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £297,500 | 15 Dec 2023 |
| 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 December 2023 the House Price Index for SHROPSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £297,500 results in an estimated price of approximately £306,931.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £297,500 | £9,431 | £306,931 |
The Postcode Pricing Model uses changes in average sales price within the WV7 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 | -54.635 % | £-162,537 | £134,962 |
| 3 Month Average | -18.459 % | £-54,916 | £242,583 |
| 6 Month Average | -13.042 % | £-38,799 | £258,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £306,931 | £297,500 | 6 MEESON CLOSE |
| 1 Sep 2023 | £219,846 | £215,000 | 2 SHAW LANE |
| 29 Aug 2023 | £320,786 | £315,000 | 28 SHAW LANE |
| 8 Jul 2022 | £282,834 | £280,000 | 32 SHAW LANE |
| 7 Feb 2022 | £393,530 | £372,500 | DAWN SHAW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Meadow Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Road |
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Cotswold Drive |
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Cotswold Drive |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |