£287,675
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£265,000 | 17 Sep 2021 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 September 2021 the House Price Index for SHROPSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £265,000 results in an estimated price of approximately £287,675.
17 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £265,000 | £22,675 | £287,675 |
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 | -3.548 % | £-9,401 | £255,598 |
3 Month Average | -6.644 % | £-17,607 | £247,392 |
6 Month Average | 1.781 % | £4,718 | £269,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £272,365 | £270,000 | 18 WATERSIDE DRIVE |
8 Mar 2024 | £201,090 | £198,000 | 27 WATERSIDE DRIVE |
4 Dec 2023 | £208,920 | £202,500 | 2 THE GRANARY BETTON MILL BETTON ROAD |
22 Nov 2023 | £254,459 | £248,000 | 41 WATERSIDE DRIVE |
22 Sep 2023 | £247,557 | £242,100 | 32 WATERSIDE DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Feb 2021. Using an estimated price of £287,676 means this house is valued at £3,835 per sq meter (£356 per sq foot).
The average size of a house on BETTON ROAD is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Betton Road | |
Oct 2024 | Anti-social behaviour | On or near Betton Road | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Drive |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Sambrook Crescent |
Sep 2024 | Other theft | Under investigation | On or near Hinsley Mill Lane |