£233,793
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 5 Feb 2016 |
| £117,500 | 16 May 2003 |
| £69,000 | 10 Nov 2000 |
| £49,999 | 10 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 February 2016 the House Price Index for SHROPSHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £170,000 results in an estimated price of approximately £233,793.
| 5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £170,000 | £63,793 | £233,793 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 61.135 % | £103,928 | £273,928 |
| 3 Month Average | 45.001 % | £76,502 | £246,502 |
| 6 Month Average | 41.667 % | £70,834 | £240,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £225,000 | £225,000 | 33 SOUTHVILLE CLOSE |
| 9 Aug 2023 | £162,939 | £160,000 | 7 BANK FARM MEWS |
| 23 Jun 2023 | £294,910 | £289,000 | 48 DRAPERS RISE |
| 22 Jul 2022 | £186,872 | £185,000 | 9 BANK FARM MEWS |
| 14 Apr 2022 | £144,202 | £139,000 | 2 TALCOTT DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Nov 2015. Using an estimated price of £233,794 means this house is valued at £4,174 per sq meter (£387 per sq foot).
The average size of a house on SOUTHVILLE CLOSE is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bank Drive West |
| Jul 2024 | Anti-social behaviour | On or near Bank Drive West | |
| Jul 2024 | Anti-social behaviour | On or near Bank Drive West | |
| Jul 2024 | Anti-social behaviour | On or near Bank Drive West | |
| Jul 2024 | Anti-social behaviour | On or near Bank Drive West |