£774,664
This estimated value is based upon the latest sale price for the house of £755,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £755,000 | 30 Nov 2023 |
| £211,000 | 22 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 November 2023 the House Price Index for SHROPSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £755,000 results in an estimated price of approximately £774,664.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £755,000 | £19,664 | £774,664 |
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 | -12.092 % | £-91,294 | £663,705 |
| 3 Month Average | -4.139 % | £-31,249 | £723,750 |
| 6 Month Average | 5.278 % | £39,847 | £794,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £1,500,000 | £1,500,000 | THE GABLES, 26 PORT HILL ROAD |
| 8 Apr 2024 | £330,369 | £327,500 | 58 WOODFIELD ROAD |
| 20 Mar 2024 | £660,142 | £650,000 | 46 PORTHILL GARDENS |
| 30 Nov 2023 | £774,664 | £755,000 | 7 WOODBANK DRIVE |
| 30 Jun 2023 | £454,100 | £445,000 | 15 PORT HILL DRIVE |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 18 Oct 2021. Using an estimated price of £774,664 means this house is valued at £4,013 per sq meter (£372 per sq foot).
The average size of a house on WOODBANK DRIVE is 225 sq meters (2,424 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Woodbank Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porthill Gardens |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Copthorne Drive |