£688,612
This estimated value is based upon the latest sale price for the house of £231,000 on 18 Mar 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £231,000 | 18 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 March 2002 the House Price Index for SHROPSHIRE was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £231,000 results in an estimated price of approximately £688,612.
| 18 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £231,000 | £457,612 | £688,612 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 158.337 % | £365,759 | £596,759 |
| 3 Month Average | 190.999 % | £441,208 | £672,208 |
| 6 Month Average | 133.009 % | £307,250 | £538,250 |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 4 Apr 2016.
The average size of a house on WELLS CLOSE is 144 sq meters (1,558 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wells Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosehill Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosehill Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Avondale Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Avondale Road |