£432,218
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Mar 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 30 Mar 2023 |
| £425,000 | 23 Jan 2023 |
| £360,000 | 23 Mar 2018 |
| £116,000 | 9 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 March 2023 the House Price Index for SHROPSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £425,000 results in an estimated price of approximately £432,218.
| 30 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £425,000 | £7,218 | £432,218 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 33.605 % | £142,820 | £567,820 |
| 3 Month Average | -9.309 % | £-39,565 | £385,434 |
| 6 Month Average | -3.007 % | £-12,780 | £412,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £360,000 | £360,000 | 3 PENDLE WAY |
| 18 Mar 2024 | £644,908 | £635,000 | 5 LONSDALE DRIVE |
| 19 Oct 2023 | £506,504 | £495,000 | 11 PENDLE WAY |
| 7 Sep 2023 | £1,150,359 | £1,125,000 | WELLSPRING FIELD HOUSE DRIVE |
| 30 Mar 2023 | £432,218 | £425,000 | 7 RIVINGTON AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 8 Feb 2018. Using an estimated price of £432,218 means this house is valued at £3,485 per sq meter (£323 per sq foot).
The average size of a house on RIVINGTON AVENUE is 253 sq meters (2,723 sq feet).
This house is the smallest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barns Green |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barns Green |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Burnside Gardens |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Burnside Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnside Gardens |