£556,743
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Jun 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 12 Jun 2023 |
| 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 June 2023 the House Price Index for SHROPSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £550,000 results in an estimated price of approximately £556,743.
| 12 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £550,000 | £6,743 | £556,743 |
The Postcode Pricing Model uses changes in average sales price within the WV5 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 | -25.684 % | £-141,262 | £408,737 |
| 3 Month Average | -9.222 % | £-50,723 | £499,276 |
| 6 Month Average | -8.149 % | £-44,821 | £505,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £101,295 | £100,000 | NORTH WING SANDFORD HALL |
| 18 Sep 2023 | £410,245 | £405,000 | 59 SIX ASHES ROAD |
| 23 Jun 2023 | £789,564 | £780,000 | HONEYBOURNE GRANGE BEOBRIDGE |
| 12 Jun 2023 | £556,744 | £550,000 | GATACRE LODGE |
| 20 Feb 2023 | £324,781 | £325,000 | HEM COPPICE GATACRE HALL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebelands |
| Apr 2024 | Burglary | Under investigation | On or near Church Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |