£492,768
This estimated value is based upon the latest sale price for the house of £396,950 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £396,950 | 23 Nov 2018 |
| 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 November 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £396,950 results in an estimated price of approximately £492,768.
| 23 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £396,950 | £95,818 | £492,768 |
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 | 37.273 % | £147,956 | £544,906 |
| 3 Month Average | 2.119 % | £8,411 | £405,361 |
| 6 Month Average | 16.422 % | £65,186 | £462,136 |
| 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 |
| 8 Mar 2023 | £345,774 | £340,000 | 47 DOVE CLOSE |
| 20 May 2022 | £382,977 | £373,000 | 55 DOVE CLOSE |
| 6 May 2022 | £210,484 | £205,000 | 143 MURRELL WAY |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 10 May 2018. Using an estimated price of £492,769 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on MURRELL WAY is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Hexham Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hexham Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Murrell Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murrell Way |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dove Close |