£381,066
This estimated value is based upon the latest sale price for the house of £112,500 on 11 Jul 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£112,500 | 11 Jul 2001 |
£79,000 | 16 Dec 1996 |
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 July 2001 the House Price Index for SHROPSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £112,500 results in an estimated price of approximately £381,066.
11 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £112,500 | £268,566 | £381,066 |
The Postcode Pricing Model uses changes in average sales price within the SY5 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 | 142.816 % | £160,668 | £273,168 |
3 Month Average | 158.387 % | £178,184 | £290,684 |
6 Month Average | 202.243 % | £227,523 | £340,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2024 | £230,000 | £230,000 | STONE COTTAGE |
14 Dec 2023 | £92,203 | £89,370 | BRAMBLES MARCHE LANE |
31 Oct 2023 | £762,314 | £745,000 | WOLLASTON FARM |
16 Aug 2023 | £621,204 | £610,000 | EDGECROFT |
29 Mar 2023 | £4,576,427 | £4,500,000 | BANK FARM |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Marche Lane |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Causemountain Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Heath Drive |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Drive |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Drive |