£288,341
This estimated value is based upon the latest sale price for the house of £214,950 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£214,950 | 28 Jul 2016 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 July 2016 the House Price Index for SHROPSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £214,950 results in an estimated price of approximately £288,341.
28 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £214,950 | £73,391 | £288,341 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 24.116 % | £51,837 | £266,787 |
3 Month Average | 10.159 % | £21,837 | £236,787 |
6 Month Average | 31.226 % | £67,121 | £282,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £253,901 | £250,000 | 24 BELTON ROAD |
26 Oct 2023 | £332,553 | £325,000 | 12 THE CROFT |
6 Sep 2023 | £263,816 | £258,000 | 20 BELTON ROAD |
24 Feb 2023 | £231,547 | £230,000 | 224 WREXHAM ROAD |
24 Jun 2022 | £332,099 | £325,000 | 7 THE CROFT |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 22 Jul 2016. Using an estimated price of £288,341 means this house is valued at £2,694 per sq meter (£250 per sq foot).
The average size of a house on MANOR CLOSE is 119 sq meters (1,289 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thompson Drive |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Thompson Drive |