£1,101,355
This estimated value is based upon the latest sale price for the house of £895,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Manor Farm Lane
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| Price Paid | Date |
|---|---|
| £895,000 | 2 Aug 2019 |
| Freehold |
| Floor Area: 374 sq meters or 4,025 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 August 2019 the House Price Index for SHROPSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £895,000 results in an estimated price of approximately £1,101,355.
| 2 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £895,000 | £206,355 | £1,101,355 |
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 | 85.802 % | £767,932 | £1,662,932 |
| 3 Month Average | 45.141 % | £404,015 | £1,299,015 |
| 6 Month Average | 24.801 % | £221,968 | £1,116,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £461,837 | £455,000 | 5 MERTON TERRACE |
| 2 Jun 2023 | £587,112 | £580,000 | SWAN BANK, 12 FELLS ORCHARD |
| 11 Apr 2023 | £399,299 | £395,000 | 1 LAUREL VILLAS |
| 7 Sep 2022 | £533,194 | £537,500 | 8 FELLS ORCHARD |
| 31 Aug 2022 | £403,913 | £405,000 | HILLCROFT OLDBURY ROAD |
This house has a floor area of 374 sq meters or 4,025 sq feet when measured on 31 May 2019. Using an estimated price of £1,101,356 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on OLDBURY ROAD is 215 sq meters (2,318 sq feet).
This house is the largest in the street with a floor area of 374 sq meters (4,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Farm Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Manor Farm Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Farm Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Jan 2024 | Anti-social behaviour | On or near Morgan Springs |