£250,498
This estimated value is based upon the latest sale price for the house of £168,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,000 | 10 Oct 2014 |
| £160,000 | 8 Jan 2009 |
| £129,000 | 16 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 October 2014 the House Price Index for SHROPSHIRE was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £168,000 results in an estimated price of approximately £250,498.
| 10 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £168,000 | £82,498 | £250,498 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 63.562 % | £106,784 | £274,784 |
| 3 Month Average | 24.641 % | £41,397 | £209,397 |
| 6 Month Average | 30.308 % | £50,918 | £218,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £182,480 | £181,000 | 5 SUMMERFIELD CLOSE |
| 2 Jun 2023 | £166,349 | £165,000 | 3 SUMMERFIELD CLOSE |
| 24 Mar 2023 | £191,033 | £190,000 | 5 WHITFIELD CLOSE |
| 10 Jun 2022 | £176,792 | £175,000 | 28 SUMMERFIELD CLOSE |
| 10 May 2022 | £190,329 | £187,500 | 22 SUMMERFIELD CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Jun 2014. Using an estimated price of £250,498 means this house is valued at £2,636 per sq meter (£244 per sq foot).
The average size of a house on CABIN LANE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St James Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Croxon Rise |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broadlands Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Road |