£356,406
This estimated value is based upon the latest sale price for the house of £193,500 on 9 May 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £193,500 | 9 May 2005 |
| £110,000 | 1 Feb 2000 |
| £74,500 | 21 May 1996 |
| Semi-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 May 2005 the House Price Index for SHROPSHIRE was 80.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 84.189%.Applying this 84.189% change to the original purchase price of £193,500 results in an estimated price of approximately £356,406.
| 9 May 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.0 | 84.189 % | £193,500 | £162,906 | £356,406 |
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 | 81.165 % | £157,053 | £350,553 |
| 3 Month Average | 71.121 % | £137,619 | £331,119 |
| 6 Month Average | 57.161 % | £110,607 | £304,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £326,171 | £320,000 | ASH COTTAGE |
| 27 Nov 2023 | £779,001 | £769,000 | RAVENSWOOD |
| 23 Aug 2023 | £291,774 | £290,000 | 3 BROOME MARSH |
| 17 Aug 2023 | £653,977 | £650,000 | NEWBERN |
| 29 Jun 2023 | £322,616 | £320,000 | 23 ROMAN DOWNS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Craven Arms Road |
| Mar 2024 | Public order | Under investigation | On or near Craven Arms Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Close |
| Apr 2024 | Anti-social behaviour | On or near Broome Road | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Willow Grove |