£523,828
This estimated value is based upon the latest sale price for the house of £427,000 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £427,000 | 17 Dec 2019 |
| £450,000 | 2 Aug 2017 |
| 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 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £427,000 results in an estimated price of approximately £523,828.
| 17 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £427,000 | £96,828 | £523,828 |
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 | 7.143 % | £30,499 | £457,499 |
| 3 Month Average | -3.256 % | £-13,904 | £413,095 |
| 6 Month Average | -5.354 % | £-22,863 | £404,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £238,206 | £235,000 | 12 ARDEN WAY |
| 26 Jun 2023 | £506,131 | £500,000 | THE HAY BARN HALL CLOSE FARM ALVELEY |
| 28 Apr 2023 | £270,412 | £267,500 | 53 IVY PLACE |
| 28 Apr 2023 | £176,905 | £175,000 | 4 GOLDEN ACRES |
| 21 Mar 2023 | £185,750 | £184,000 | 17 RIVERSIDE BUNGALOWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chapel Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Road |