£145,706
This estimated value is based upon the latest sale price for the house of £28,000 on 30 May 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £28,000 | 30 May 1997 |
| Terraced |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 1997 the House Price Index for SHROPSHIRE was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £28,000 results in an estimated price of approximately £145,706.
| 30 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £28,000 | £117,706 | £145,706 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 406.038 % | £113,690 | £141,690 |
| 3 Month Average | 282.632 % | £79,137 | £107,137 |
| 6 Month Average | 341.320 % | £95,569 | £123,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £214,866 | £213,000 | 6 SHERWOOD CLOSE |
| 9 Nov 2023 | £379,637 | £370,000 | 36 GLADE WAY |
| 25 Sep 2023 | £255,635 | £250,000 | 37 GLADE WAY |
| 28 Apr 2023 | £366,862 | £360,000 | 8 FOREST CLOSE |
| 9 Mar 2023 | £274,586 | £270,000 | 53 GLADE WAY |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 14 Aug 2018. Using an estimated price of £145,707 means this house is valued at £3,469 per sq meter (£322 per sq foot).
The average size of a house on ARROW ROAD is 70 sq meters (759 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Glade Way |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Glade Way |
| Aug 2024 | Anti-social behaviour | On or near Glade Way | |
| Aug 2024 | Anti-social behaviour | On or near Glade Way | |
| Aug 2024 | Anti-social behaviour | On or near Glade Way |