£693,489
This estimated value is based upon the latest sale price for the house of £410,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 December 2012 the House Price Index for SHROPSHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £410,000 results in an estimated price of approximately £693,489.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £410,000 | £283,489 | £693,489 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 74.881 % | £307,012 | £717,012 |
| 3 Month Average | 45.936 % | £188,338 | £598,338 |
| 6 Month Average | 46.197 % | £189,406 | £599,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £5,075 | £5,000 | 128 ABBEY FOREGATE |
| 10 Nov 2023 | £603,941 | £595,000 | 18 LONDON ROAD |
| 14 Sep 2023 | £136,748 | £135,000 | CHELTENHAM STONEHURST, 24 SUTTON ROAD |
| 8 Sep 2023 | £308,950 | £305,000 | 18 PRESTON STREET |
| 28 Apr 2023 | £116,252 | £115,000 | CLIFTON STONEHURST, 24 SUTTON ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 5 Sep 2012. Using an estimated price of £693,489 means this house is valued at £3,728 per sq meter (£346 per sq foot).
The average size of a house on WOODLANDS PARK is 244 sq meters (2,632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Woodlands Park |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Park |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Park |
| Dec 2023 | Anti-social behaviour | On or near Woodlands Park | |
| Dec 2023 | Anti-social behaviour | On or near Woodlands Park |