£340,274
This estimated value is based upon the latest sale price for the house of £255,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 28 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 168 sq meters or 1,808 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 October 2016 the House Price Index for SHROPSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £255,000 results in an estimated price of approximately £340,274.
28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £255,000 | £85,274 | £340,274 |
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 | 29.641 % | £75,585 | £330,585 |
3 Month Average | 36.984 % | £94,310 | £349,310 |
6 Month Average | 37.969 % | £96,820 | £351,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Mar 2023 | £206,956 | £203,500 | 4 QUEENS CLOSE |
17 Jun 2022 | £245,242 | £240,000 | THE DENE WESTON AVENUE |
14 Apr 2022 | £103,742 | £100,000 | 94 UPPER CHURCH STREET |
1 Feb 2021 | £142,953 | £125,000 | FLOWERDALE WESTON AVENUE |
9 Dec 2020 | £468,265 | £405,000 | LEESWOOD MORDA ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 3 Sep 2015. Using an estimated price of £340,275 means this house is valued at £2,025 per sq meter (£188 per sq foot).
The average size of a house on WESTON LANE is 173 sq meters (1,868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Morda Road |
Jul 2024 | Public order | Under investigation | On or near Morda Road |
Jul 2024 | Other crime | Under investigation | On or near Morda Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Morda Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morda Road |