£761,316
This estimated value is based upon the latest sale price for the house of £750,000 on 18 May 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £750,000 | 18 May 2022 |
| 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 May 2022 the House Price Index for SHROPSHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £750,000 results in an estimated price of approximately £761,316.
| 18 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £750,000 | £11,316 | £761,316 |
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 | 21.429 % | £160,717 | £910,717 |
| 3 Month Average | 47.446 % | £355,842 | £1,105,842 |
| 6 Month Average | 23.527 % | £176,454 | £926,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £302,246 | £300,000 | CEDAR CROFT |
| 8 Mar 2023 | £517,799 | £515,000 | 7 SEVERN CRESCENT |
| 12 Aug 2022 | £417,181 | £420,000 | 4 SEVERN VALE |
| 11 Jul 2022 | £444,399 | £445,000 | 19 SEVERN VALE |
| 18 May 2022 | £761,317 | £750,000 | MILL COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Severnvale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Halfway House Lane |
| Apr 2024 | Burglary | Under investigation | On or near Eardington Halt |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eardington Halt |