£434,269
This estimated value is based upon the latest sale price for the house of £335,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£335,000 | 26 May 2017 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 May 2017 the House Price Index for SHROPSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £335,000 results in an estimated price of approximately £434,269.
26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £335,000 | £99,269 | £434,269 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 20.231 % | £67,772 | £402,772 |
3 Month Average | 24.205 % | £81,087 | £416,087 |
6 Month Average | 28.923 % | £96,893 | £431,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £330,369 | £327,500 | 58 WOODFIELD ROAD |
30 Nov 2023 | £774,664 | £755,000 | 7 WOODBANK DRIVE |
30 Jun 2023 | £454,100 | £445,000 | 15 PORT HILL DRIVE |
23 Jun 2023 | £530,634 | £520,000 | 61 WOODFIELD ROAD |
26 Aug 2022 | £547,560 | £545,000 | 1 PORT HILL CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 3 Apr 2017. Using an estimated price of £434,270 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on PORT HILL CLOSE is 120 sq meters (1,296 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Unable to prosecute suspect | On or near Woodbank Drive |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Copthorne Drive |