£116,072
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 19 Dec 2019 |
| £45,000 | 18 Feb 2000 |
| Semi-Detached |
| Freehold |
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 December 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £95,000 results in an estimated price of approximately £116,072.
| 19 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £95,000 | £21,072 | £116,072 |
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 | 30.141 % | £28,633 | £123,633 |
| 3 Month Average | 10.700 % | £10,165 | £105,165 |
| 6 Month Average | 13.494 % | £12,819 | £107,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £96,832 | £95,000 | 49 WEST PLACE |
| 8 Dec 2023 | £127,410 | £125,000 | 92 HAMMONDS PLACE |
| 13 Nov 2023 | £132,704 | £131,000 | 86 HAMMONDS PLACE |
| 3 Nov 2023 | £243,121 | £240,000 | 50 FERNHILL LANE |
| 3 Mar 2023 | £201,087 | £200,000 | 58 FERNHILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Willow Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Bank |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Heather Bank |
| Feb 2024 | Public order | Under investigation | On or near Hammonds Place |
| Jan 2024 | Anti-social behaviour | On or near Hammonds Place |