£233,641
This estimated value is based upon the latest sale price for the house of £42,000 on 12 Sep 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,000 | 12 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 September 1996 the House Price Index for SHROPSHIRE was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £42,000 results in an estimated price of approximately £233,641.
| 12 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £42,000 | £191,641 | £233,641 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 419.029 % | £175,992 | £217,992 |
| 3 Month Average | 393.269 % | £165,173 | £207,173 |
| 6 Month Average | 381.212 % | £160,108 | £202,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £157,847 | £155,000 | 22 MAGPIE WAY |
| 25 Aug 2023 | £95,217 | £93,500 | 2 CHAINMAKERS GATE |
| 14 Apr 2023 | £168,145 | £165,000 | 25 MAGPIE WAY |
| 16 Jan 2023 | £90,241 | £90,000 | 34 FIELDFARE WAY |
| 6 Jan 2023 | £110,295 | £110,000 | 32 FIELDFARE WAY |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 5 Sep 2013. Using an estimated price of £233,641 means this house is valued at £4,971 per sq meter (£461 per sq foot).
The average size of a house on MAGPIE WAY is 50 sq meters (546 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Magpie Way |
| Oct 2024 | Possession of weapons | Awaiting court outcome | On or near Magpie Way |
| Sep 2024 | Anti-social behaviour | On or near Fieldfare Way | |
| Sep 2024 | Anti-social behaviour | On or near Fieldfare Way | |
| Jul 2024 | Anti-social behaviour | On or near Wagtail Drive |