£140,382
This estimated value is based upon the latest sale price for the house of £123,000 on 8 Jan 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There have been two burglaries within the last year on or near Vicarage Bank
More crime details
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| Price Paid | Date |
|---|---|
| £123,000 | 8 Jan 2021 |
| 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 January 2021 the House Price Index for SHROPSHIRE was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £123,000 results in an estimated price of approximately £140,382.
| 8 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £123,000 | £17,382 | £140,382 |
The Postcode Pricing Model uses changes in average sales price within the WV15 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 | -66.667 % | £-82,000 | £40,999 |
| 3 Month Average | -17.871 % | £-21,981 | £101,018 |
| 6 Month Average | -7.330 % | £-9,015 | £113,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £506,131 | £500,000 | THE HAY BARN HALL CLOSE FARM ALVELEY |
| 28 Apr 2023 | £270,412 | £267,500 | 53 IVY PLACE |
| 21 Mar 2023 | £185,750 | £184,000 | 17 RIVERSIDE BUNGALOWS |
| 20 Feb 2023 | £939,368 | £940,000 | SYCAMORES HADLEYS FARM BARNS |
| 6 Feb 2023 | £277,813 | £278,000 | 9 CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Vicarage Bank |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Vicarage Bank |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |
| Apr 2024 | Burglary | Under investigation | On or near Holmes Orchard |