£166,575
This estimated value is based upon the latest sale price for the house of £165,000 on 3 Jul 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 3 Jul 2023 |
| £39,250 | 27 Sep 1996 |
| Semi-Detached |
| Freehold |
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 July 2023 the House Price Index for SHROPSHIRE was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £165,000 results in an estimated price of approximately £166,575.
| 3 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £165,000 | £1,575 | £166,575 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 8.441 % | £13,928 | £178,928 |
| 3 Month Average | 3.370 % | £5,559 | £170,559 |
| 6 Month Average | 2.944 % | £4,857 | £169,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £212,500 | £212,500 | 50 CRYSTAL DRIVE |
| 6 Nov 2023 | £202,601 | £200,000 | 24 FORESTERS CLOSE |
| 3 Jul 2023 | £166,576 | £165,000 | 78 WOODHOUSE LANE |
| 10 Mar 2023 | £238,288 | £237,000 | 29 MONKSMOOR ROAD |
| 21 Oct 2022 | £147,803 | £150,000 | 14B BRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodhouse Lane |