£306,395
This estimated value is based upon the latest sale price for the house of £265,000 on 1 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 1 Dec 2020 |
| £178,000 | 13 Nov 2013 |
| £122,500 | 31 Oct 2001 |
| £77,000 | 25 Oct 1996 |
| £73,000 | 31 May 1996 |
| £75,000 | 1 Dec 1995 |
| 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 December 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £265,000 results in an estimated price of approximately £306,395.
| 1 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £265,000 | £41,395 | £306,395 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | -17.410 % | £-46,137 | £218,862 |
| 3 Month Average | 16.718 % | £44,301 | £309,301 |
| 6 Month Average | 26.940 % | £71,392 | £336,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £1,142,000 | £1,142,000 | RAYS FARM |
| 13 Dec 2023 | £103,170 | £100,000 | CASTLE INN WOODHILL ROAD |
| 17 Aug 2023 | £437,898 | £430,000 | 15 LINCOLN FIELDS |
| 11 Apr 2023 | £662,389 | £650,000 | TAN HOUSE COVERT LANE |
| 13 Oct 2022 | £941,854 | £945,000 | OAKLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bynd Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bynd Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Lincoln Fields |
| Oct 2024 | Vehicle crime | Under investigation | On or near Covert Lane |
| Oct 2024 | Other theft | Under investigation | On or near Covert Lane |