£429,363
This estimated value is based upon the latest sale price for the house of £345,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 22 Mar 2019 |
| £350,000 | 15 Dec 2017 |
| Flats/Maisonettes |
| 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 March 2019 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 24.453%.Applying this 24.453% change to the original purchase price of £345,000 results in an estimated price of approximately £429,363.
| 22 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £345,000 | £84,363 | £429,363 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 70.681 % | £243,848 | £588,848 |
| 3 Month Average | 26.757 % | £92,312 | £437,312 |
| 6 Month Average | 12.310 % | £42,469 | £387,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £240,000 | £240,000 | 110 SHERWOOD CRESCENT |
| 13 May 2024 | £215,000 | £215,000 | 53 SHERWOOD CRESCENT |
| 10 May 2024 | £260,000 | £260,000 | 30 SHERWOOD CRESCENT |
| 5 Apr 2024 | £312,665 | £309,950 | 8 THE VILLAS |
| 19 Jun 2023 | £204,090 | £200,000 | 63 SHERWOOD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Ottley Way |
| Jul 2024 | Burglary | Under investigation | On or near Corbet Grove |
| Jul 2024 | Burglary | Under investigation | On or near Corbet Grove |
| May 2024 | Anti-social behaviour | On or near Corbet Grove | |
| May 2024 | Anti-social behaviour | On or near Corbet Grove |