£327,241
This estimated value is based upon the latest sale price for the house of £305,000 on 23 Jun 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 23 Jun 2021 |
| £245,000 | 21 Aug 2020 |
| £245,000 | 9 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2021 the House Price Index for SHROPSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £305,000 results in an estimated price of approximately £327,241.
| 23 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £305,000 | £22,241 | £327,241 |
The Postcode Pricing Model uses changes in average sales price within the SY9 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 | -39.404 % | £-120,182 | £184,817 |
| 3 Month Average | -39.404 % | £-120,182 | £184,817 |
| 6 Month Average | -33.224 % | £-101,333 | £203,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £303,493 | £299,000 | 6 THE RIDGE |
| 11 Aug 2023 | £222,950 | £221,000 | 33 KERRY GREEN |
| 26 Jul 2023 | £226,042 | £223,000 | 8 DREWS LEASOW |
| 26 Jun 2023 | £303,678 | £300,000 | CARLISLE LAVENDER BANK |
| 9 Mar 2023 | £241,273 | £239,000 | 17 KERRY GREEN |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Jul 2019. Using an estimated price of £327,242 means this house is valued at £3,805 per sq meter (£353 per sq foot).
The average size of a house on THE RIDGE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Corporation Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Corporation Street |
| Jan 2024 | Anti-social behaviour | On or near Oak Meadow | |
| Jan 2024 | Anti-social behaviour | On or near Oak Meadow |