£364,436
This estimated value is based upon the latest sale price for the house of £300,000 on 20 Jan 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 20 Jan 2020 |
| £104,000 | 29 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 January 2020 the House Price Index for SHROPSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £300,000 results in an estimated price of approximately £364,436.
| 20 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £300,000 | £64,436 | £364,436 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 70.703 % | £212,109 | £512,109 |
| 3 Month Average | 27.774 % | £83,321 | £383,321 |
| 6 Month Average | 13.869 % | £41,607 | £341,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £454,297 | £450,000 | 38 SEDGEFORD DRIVE |
| 15 Jul 2023 | £252,387 | £250,000 | 83 PRESTON STREET |
| 30 Nov 2022 | £295,213 | £300,000 | 81 PRESTON STREET |
| 2 Aug 2022 | £384,403 | £387,000 | 12 SEDGEFORD DRIVE |
| 21 Jul 2022 | £449,393 | £450,000 | 36 SEDGEFORD DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Oct 2019. Using an estimated price of £364,437 means this house is valued at £3,036 per sq meter (£282 per sq foot).
The average size of a house on REYNAULDS CLOSE is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Winifred Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sedgeford Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Davison Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Davison Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Davison Drive |