£205,313
This estimated value is based upon the latest sale price for the house of £155,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 28 Oct 2016 |
| £120,000 | 3 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2016 the House Price Index for SHROPSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £155,000 results in an estimated price of approximately £205,313.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £155,000 | £50,313 | £205,313 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -7.493 % | £-11,613 | £143,386 |
| 3 Month Average | 26.277 % | £40,729 | £195,729 |
| 6 Month Average | 25.960 % | £40,237 | £195,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £279,133 | £275,000 | 8 MILLERS GREEN |
| 23 Jul 2023 | £345,652 | £341,000 | 31 LABURNUM GROVE |
| 13 Feb 2023 | £302,297 | £302,500 | NABWOOD HEATHGATES |
| 24 Jan 2023 | £179,156 | £180,000 | 76 COMET DRIVE |
| 13 Jan 2023 | £209,015 | £210,000 | 31 MILLERS GREEN |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Jul 2016. Using an estimated price of £205,314 means this house is valued at £2,701 per sq meter (£250 per sq foot).
The average size of a house on COMET DRIVE is 91 sq meters (982 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Comet Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Comet Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Comet Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Comet Drive |
| Dec 2023 | Anti-social behaviour | On or near Comet Drive |