£168,677
This estimated value is based upon the latest sale price for the house of £135,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 2 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2018 the House Price Index for SHROPSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £135,000 results in an estimated price of approximately £168,677.
| 2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £135,000 | £33,677 | £168,677 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 47.951 % | £64,733 | £199,733 |
| 3 Month Average | 22.315 % | £30,125 | £165,125 |
| 6 Month Average | 28.370 % | £38,299 | £173,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £131,236 | £130,000 | 3 SPRINGFIELD COTTAGES HOSPITAL LANE |
| 23 Sep 2022 | £188,478 | £190,000 | 32 ELM DRIVE |
| 19 Aug 2022 | £157,077 | £157,500 | 14 HOSPITAL LANE |
| 24 Jun 2022 | £233,297 | £230,000 | 127 ELM DRIVE |
| 14 Jun 2022 | £215,039 | £212,000 | 74 ELM DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Jun 2017. Using an estimated price of £168,677 means this house is valued at £2,162 per sq meter (£200 per sq foot).
The average size of a house on ELM DRIVE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Holly Drive |
| Mar 2024 | Bicycle theft | Under investigation | On or near Holly Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holly Drive |