£341,500
This estimated value is based upon the latest sale price for the house of £344,500 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £344,500 | 20 Jan 2023 |
| £250,000 | 31 Jul 2007 |
| £237,500 | 21 Oct 2005 |
| 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 January 2023 the House Price Index for SHROPSHIRE was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £344,500 results in an estimated price of approximately £341,500.
| 20 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £344,500 | £-2,999 | £341,500 |
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 | -54.136 % | £-186,500 | £157,999 |
| 3 Month Average | 3.983 % | £13,721 | £358,221 |
| 6 Month Average | -2.613 % | £-9,001 | £335,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £122,263 | £119,950 | 38 HILL CRESCENT |
| 24 Nov 2023 | £476,112 | £470,000 | FIRTREE COTTAGE |
| 20 Jan 2023 | £341,500 | £344,500 | TALL PINES CROSS LANES |
| 24 Aug 2022 | £1,216,779 | £1,225,000 | DUDLESTON GROVE |
| 12 Aug 2022 | £372,483 | £375,000 | SPRING VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Lanes |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near B5068 |
| Apr 2024 | Drugs | Under investigation | On or near Chestnut Avenue |