£698,284
This estimated value is based upon the latest sale price for the house of £545,000 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £545,000 | 9 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 244 sq meters or 2,626 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 June 2017 the House Price Index for SHROPSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £545,000 results in an estimated price of approximately £698,284.
| 9 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £545,000 | £153,284 | £698,284 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 114.959 % | £626,526 | £1,171,526 |
| 3 Month Average | 46.809 % | £255,110 | £800,110 |
| 6 Month Average | 42.555 % | £231,923 | £776,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £353,329 | £350,000 | 27 CHURCH CLOSE |
| 17 Jan 2023 | £423,007 | £425,000 | FARRIER HOUSE, 32 |
| 26 Oct 2022 | £459,750 | £464,700 | 10 CHURCH CLOSE |
| 9 Sep 2022 | £118,047 | £119,000 | COTON METHODIST CHURCH |
| 11 Feb 2022 | £178,278 | £170,000 | FOREST DEAN |
This house has a floor area of 244 sq meters or 2,626 sq feet when measured on 15 Feb 2012. Using an estimated price of £698,284 means this house is valued at £2,861 per sq meter (£265 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Steel Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairhaven Close |