£528,702
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Sep 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 19 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 September 2018 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £425,000 results in an estimated price of approximately £528,702.
| 19 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £425,000 | £103,702 | £528,702 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 23.370 % | £99,324 | £524,324 |
| 3 Month Average | 10.294 % | £43,747 | £468,747 |
| 6 Month Average | 18.160 % | £77,182 | £502,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £286,507 | £280,000 | 68 WHITE HART |
| 25 Aug 2023 | £305,510 | £300,000 | 54 WHITE HART |
| 10 Mar 2023 | £250,686 | £246,500 | 19 DOVE CLOSE |
| 8 Mar 2023 | £345,774 | £340,000 | 47 DOVE CLOSE |
| 14 Jul 2022 | £267,682 | £265,000 | 7 GARDENERS PLACE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 9 May 2018. Using an estimated price of £528,703 means this house is valued at £3,243 per sq meter (£301 per sq foot).
The average size of a house on MURRELL WAY is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Old Rose Drive | |
| Jul 2024 | Anti-social behaviour | On or near Old Rose Drive | |
| Jul 2024 | Anti-social behaviour | On or near Old Rose Drive | |
| Jul 2024 | Anti-social behaviour | On or near Old Rose Drive | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Murrell Way |