£389,517
This estimated value is based upon the latest sale price for the house of £75,500 on 23 Jun 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£75,500 | 23 Jun 1997 |
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 June 1997 the House Price Index for SHROPSHIRE was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £75,500 results in an estimated price of approximately £389,517.
23 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 149.7 | 415.917 % | £75,500 | £314,017 | £389,517 |
The Postcode Pricing Model uses changes in average sales price within the TF2 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 | 218.959 % | £165,313 | £240,813 |
3 Month Average | 280.576 % | £211,835 | £287,335 |
6 Month Average | 258.543 % | £195,199 | £270,699 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £200,000 | £200,000 | 6 SORREL CLOSE |
24 Oct 2023 | £191,857 | £187,500 | 37 CAMPION DRIVE |
3 Oct 2023 | £214,880 | £210,000 | 25 CAMPION DRIVE |
15 Sep 2023 | £189,170 | £185,000 | 5 SORREL CLOSE |
28 Apr 2023 | £190,564 | £187,000 | 4 COLUMBINE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Unable to prosecute suspect | On or near Sorrel Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Columbine Way |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Columbine Way |
Oct 2024 | Public order | Under investigation | On or near Columbine Way |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Columbine Way |