£162,576
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 15 Jan 2016 |
| £59,500 | 15 Nov 2001 |
| £50,515 | 13 Mar 2001 |
| £18,000 | 9 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2016 the House Price Index for SHROPSHIRE was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £120,000 results in an estimated price of approximately £162,576.
| 15 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £120,000 | £42,576 | £162,576 |
The Postcode Pricing Model uses changes in average sales price within the TF3 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 | 112.567 % | £135,079 | £255,079 |
| 3 Month Average | 45.681 % | £54,817 | £174,817 |
| 6 Month Average | 47.970 % | £57,563 | £177,563 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Apr 2015.
The average size of a house on CHAPEL LANE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magpie Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Magpie Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Magpie Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Magpie Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Magpie Way |