£242,856
This estimated value is based upon the latest sale price for the house of £42,500 on 12 Jan 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,500 | 12 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 January 1996 the House Price Index for SHROPSHIRE was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £42,500 results in an estimated price of approximately £242,856.
| 12 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £42,500 | £200,356 | £242,856 |
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 | 381.342 % | £162,070 | £204,570 |
| 3 Month Average | 412.089 % | £175,137 | £217,637 |
| 6 Month Average | 418.464 % | £177,847 | £220,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £442,990 | £435,000 | 5 HEBDEN GROVE |
| 17 Feb 2023 | £155,036 | £154,000 | 11 LAMBOURN DRIVE |
| 29 Jul 2022 | £179,802 | £178,000 | CHARIOT COTTAGE RACECOURSE LANE |
| 28 Apr 2022 | £342,349 | £330,000 | ALDON RACECOURSE LANE |
| 27 Apr 2022 | £342,349 | £330,000 | 19 THE DELL |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 1 Jul 2013. Using an estimated price of £242,856 means this house is valued at £4,497 per sq meter (£417 per sq foot).
The average size of a house on LAMBOURN DRIVE is 52 sq meters (560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambourn Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lambourn Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambourn Drive |
| Aug 2024 | Public order | Under investigation | On or near Lambourn Drive |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Findon Way |