£110,953
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 27 Nov 2020 |
| £95,000 | 31 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 675 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 2020 the House Price Index for SHROPSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £95,000 results in an estimated price of approximately £110,953.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £95,000 | £15,953 | £110,953 |
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 | -2.217 % | £-2,105 | £92,894 |
| 3 Month Average | 24.943 % | £23,695 | £118,695 |
| 6 Month Average | 23.080 % | £21,925 | £116,925 |
| 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 62 sq meters or 675 sq feet when measured on 6 Oct 2008. Using an estimated price of £110,954 means this house is valued at £1,766 per sq meter (£164 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 |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Close |
| Sep 2024 | Shoplifting | Under investigation | On or near Fairfield Close |