£532,525
This estimated value is based upon the latest sale price for the house of £525,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 1 Jun 2022 |
| Detached |
| 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 June 2022 the House Price Index for SHROPSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £525,000 results in an estimated price of approximately £532,525.
| 1 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £525,000 | £7,525 | £532,525 |
The Postcode Pricing Model uses changes in average sales price within the SY12 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 | -69.905 % | £-366,999 | £158,000 |
| 3 Month Average | 1.288 % | £6,762 | £531,762 |
| 6 Month Average | 5.021 % | £26,359 | £551,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £334,497 | £329,995 | 25 THE MEADOWS |
| 22 Feb 2023 | £499,664 | £500,000 | ADELE COTTAGE |
| 17 Oct 2022 | £3,042,244 | £3,075,000 | FERNEYHOUGH |
| 12 Sep 2022 | £247,997 | £250,000 | 4 WHITEMERE COTTAGES |
| 29 Jul 2022 | £255,688 | £255,000 | 6 SYCAMORE VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A528 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Field Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Meadows |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kenwick Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Parklands |