£338,221
This estimated value is based upon the latest sale price for the house of £274,950 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £274,950 | 28 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2020 the House Price Index for SHROPSHIRE was 83.0.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 23.012%.Applying this 23.012% change to the original purchase price of £274,950 results in an estimated price of approximately £338,221.
| 28 Aug 2020 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 102.1 | 23.012 % | £274,950 | £63,271 | £338,221 |
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 | 39.477 % | £108,542 | £383,492 |
| 3 Month Average | 9.785 % | £26,903 | £301,853 |
| 6 Month Average | 10.780 % | £29,640 | £304,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2024 | £283,330 | £280,000 | 17 DOVE CLOSE |
| 30 Aug 2024 | £261,138 | £255,000 | 153 MURRELL WAY |
| 16 Aug 2024 | £227,856 | £222,500 | 117 GARDENERS PLACE |
| 5 Aug 2024 | £245,777 | £240,000 | 123 MURRELL WAY |
| 17 May 2024 | £289,060 | £280,000 | 119 GARDENERS PLACE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 4 Aug 2020. Using an estimated price of £338,222 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on MURRELL WAY is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sutton Grange Drive |
| Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Gardeners Place |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gardeners Place |
| Feb 2025 | Vehicle crime | Under investigation | On or near Murrell Way |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murrell Way |