£863,457
This estimated value is based upon the latest sale price for the house of £845,000 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £845,000 | 28 Jun 2022 |
| £525,000 | 14 Nov 2014 |
| £280,000 | 25 Nov 2003 |
| 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 June 2022 the House Price Index for SHROPSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £845,000 results in an estimated price of approximately £863,457.
| 28 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £845,000 | £18,457 | £863,457 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | -25.805 % | £-218,052 | £626,947 |
| 3 Month Average | -5.524 % | £-46,679 | £798,320 |
| 6 Month Average | 10.609 % | £89,646 | £934,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £1,160,074 | £1,150,000 | BIRCH HILL, 54 THE HILL |
| 8 Dec 2023 | £228,522 | £221,500 | MOLE END |
| 28 Jun 2022 | £863,457 | £845,000 | 60 THE HILL |
| 29 Apr 2022 | £544,647 | £525,000 | 62 THE HILL |
| 29 Apr 2022 | £331,975 | £320,000 | 4 QUARRY VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Fields |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Fields |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandy Lane |
| Jul 2024 | Anti-social behaviour | On or near Meadow Road | |
| Jul 2024 | Anti-social behaviour | On or near Meadow Road |