£303,304
This estimated value is based upon the latest sale price for the house of £178,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £178,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £178,000 results in an estimated price of approximately £303,304.
| 14 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £178,000 | £125,304 | £303,304 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 20.685 % | £36,818 | £214,818 |
| 3 Month Average | 36.831 % | £65,559 | £243,559 |
| 6 Month Average | 43.042 % | £76,614 | £254,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £270,419 | £265,000 | 2 HERON DRIVE |
| 21 Apr 2023 | £264,956 | £260,000 | 16 HERON DRIVE |
| 10 Aug 2022 | £440,058 | £438,000 | 4 PEACEHAVEN |
| 17 Jun 2022 | £337,208 | £330,000 | 2 PEACEHAVEN |
| 9 Dec 2021 | £347,537 | £322,000 | 6 HERON DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Sep 2012. Using an estimated price of £303,304 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on HERON DRIVE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Heron Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Partridge Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsey Meadows |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsey Meadows |
| Jul 2024 | Other theft | Under investigation | On or near Woodpecker Close |