£102,414
This estimated value is based upon the latest sale price for the house of £82,500 on 26 Nov 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,500 | 26 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 November 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £82,500 results in an estimated price of approximately £102,414.
| 26 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £82,500 | £19,914 | £102,414 |
The Postcode Pricing Model uses changes in average sales price within the SY7 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 | 34.182 % | £28,200 | £110,700 |
| 3 Month Average | 33.590 % | £27,712 | £110,212 |
| 6 Month Average | 47.005 % | £38,778 | £121,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £395,000 | £395,000 | 11 STOKESAY CLOSE |
| 8 Sep 2023 | £395,723 | £387,000 | 3 STOKESAY CLOSE |
| 16 Mar 2023 | £410,861 | £404,000 | 9 STOKESAY CLOSE |
| 26 Jan 2023 | £466,246 | £465,000 | 8 STOKESAY CLOSE |
| 30 Jun 2022 | £378,082 | £370,000 | 1 QUARRY MEADOWS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 May 2018. Using an estimated price of £102,414 means this house is valued at £1,678 per sq meter (£155 per sq foot).
The average size of a house on LUDLOW ROAD is 72 sq meters (783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lambeth Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Sep 2024 | Shoplifting | Under investigation | On or near Fairfield Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Close |