£217,870
This estimated value is based upon the latest sale price for the house of £145,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 5 Dec 2014 |
| £166,500 | 17 Mar 2006 |
| £60,000 | 22 May 1998 |
| 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 December 2014 the House Price Index for SHROPSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £145,000 results in an estimated price of approximately £217,870.
| 5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £145,000 | £72,870 | £217,870 |
The Postcode Pricing Model uses changes in average sales price within the SY5 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 | 66.481 % | £96,397 | £241,397 |
| 3 Month Average | 56.280 % | £81,606 | £226,606 |
| 6 Month Average | 56.179 % | £81,458 | £226,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £680,455 | £665,000 | THE HERMITAGE |
| 17 Jun 2022 | £168,604 | £165,000 | 1 THE BEECHES |
| 29 Apr 2022 | £256,762 | £247,500 | 21 HINWOOD ROAD |
| 11 Mar 2022 | £469,770 | £450,000 | 3 HERMITAGE CLOSE |
| 4 Aug 2021 | £618,131 | £550,000 | SWALLOWS NEST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hermitage Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cureton Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Broxtons Wood |
| Oct 2024 | Drugs | Under investigation | On or near Broxtons Wood |