£562,050
This estimated value is based upon the latest sale price for the house of £520,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £520,000 | 30 Jun 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 June 2021 the House Price Index for SHROPSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £520,000 results in an estimated price of approximately £562,050.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £520,000 | £42,050 | £562,050 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 20.307 % | £105,593 | £625,593 |
| 3 Month Average | -13.018 % | £-67,693 | £452,306 |
| 6 Month Average | -7.037 % | £-36,591 | £483,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £334,272 | £324,000 | SCHOOL HOUSE |
| 23 Oct 2023 | £273,717 | £267,500 | 5 ORCHARD RISE |
| 1 Jun 2023 | £455,631 | £446,500 | THE ROCK COTTAGE |
| 17 Apr 2023 | £654,746 | £642,500 | SPOUT HOUSE CASTLE ROAD |
| 27 Feb 2023 | £286,917 | £285,000 | 23 ORCHARD RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Rise |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park/Open Space |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |