£252,699
This estimated value is based upon the latest sale price for the house of £197,500 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£197,500 | 3 Aug 2017 |
£79,950 | 12 Jan 1999 |
£68,000 | 15 Nov 1996 |
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 August 2017 the House Price Index for SHROPSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £197,500 results in an estimated price of approximately £252,699.
3 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £197,500 | £55,199 | £252,699 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -22.398 % | £-44,235 | £153,264 |
3 Month Average | 34.593 % | £68,321 | £265,821 |
6 Month Average | 31.759 % | £62,723 | £260,223 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £287,497 | £285,000 | 11 GREENLEYS CRESCENT |
15 Apr 2024 | £302,578 | £299,950 | 43 GREENWAY AVENUE |
27 Nov 2023 | £198,027 | £193,000 | 2 OAK BANK |
17 Nov 2023 | £277,032 | £270,000 | 10 MEADOWBROOK CLOSE |
23 Jun 2023 | £290,828 | £285,000 | 4 GREENWAY AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Green Leys Crescent | |
Aug 2024 | Anti-social behaviour | On or near Green Leys Crescent | |
Aug 2024 | Anti-social behaviour | On or near Green Leys Crescent | |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Greenway Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Rise |