£686,089
This estimated value is based upon the latest sale price for the house of £562,500 on 8 Jan 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £562,500 | 8 Jan 2020 |
| £485,000 | 6 Sep 2012 |
| £240,000 | 30 Nov 1999 |
| £159,000 | 14 Aug 1997 |
| 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 2020 the House Price Index for SHROPSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £562,500 results in an estimated price of approximately £686,089.
| 8 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £562,500 | £123,589 | £686,089 |
The Postcode Pricing Model uses changes in average sales price within the SY12 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 | -18.222 % | £-102,499 | £460,000 |
| 3 Month Average | 14.997 % | £84,358 | £646,858 |
| 6 Month Average | 27.282 % | £153,459 | £715,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £365,410 | £360,000 | BROOK HOUSE BROWN HEATH LANE |
| 17 Nov 2023 | £253,757 | £250,000 | 49 NONELEY ROAD |
| 6 Nov 2023 | £678,649 | £668,602 | RUNNERS REST |
| 22 Mar 2023 | £721,800 | £715,000 | THE QUAIKIN |
| 5 Aug 2022 | £448,792 | £450,000 | THE BARN PEAR TREE FARM |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Salters Lane |
| Feb 2024 | Other crime | Under investigation | On or near Salters Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Salters Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Salters Lane |