£428,276
This estimated value is based upon the latest sale price for the house of £118,000 on 7 Dec 2000. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 7 Dec 2000 |
| £83,000 | 4 May 2000 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2000 the House Price Index for SHROPSHIRE was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £118,000 results in an estimated price of approximately £428,276.
| 7 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £118,000 | £310,276 | £428,276 |
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 | 268.752 % | £317,126 | £435,126 |
| 3 Month Average | 241.906 % | £285,448 | £403,448 |
| 6 Month Average | 222.003 % | £261,962 | £379,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £388,373 | £385,000 | 2 THE ORCHARD QUARRY GARDENS |
| 22 Mar 2024 | £126,950 | £125,000 | 5 QUARRY GARDENS |
| 20 Mar 2024 | £269,135 | £265,000 | 20 GRAVEL HILL |
| 24 Oct 2023 | £145,300 | £142,000 | FLAT 45 BURGESS COURT GRAVEL HILL |
| 7 Mar 2023 | £129,665 | £127,500 | FLAT 26 BURGESS COURT GRAVEL HILL |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 Aug 2020. Using an estimated price of £428,277 means this house is valued at £5,222 per sq meter (£485 per sq foot).
The average size of a house on GRAVEL HILL is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Starstile Meadow |
| Jun 2024 | Shoplifting | Under investigation | On or near Starstile Meadow |
| Jun 2024 | Shoplifting | Under investigation | On or near Starstile Meadow |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Starstile Meadow |
| May 2024 | Shoplifting | Awaiting court outcome | On or near Starstile Meadow |