£378,745
This estimated value is based upon the latest sale price for the house of £330,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 4 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2020 the House Price Index for SHROPSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £330,000 results in an estimated price of approximately £378,745.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £330,000 | £48,745 | £378,745 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | -7.721 % | £-25,479 | £304,520 |
| 3 Month Average | -5.828 % | £-19,233 | £310,766 |
| 6 Month Average | -0.538 % | £-1,777 | £328,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £106,870 | £105,000 | APARTMENT 2 QUEENS PARK HOUSE QUEENS ROAD |
| 5 Jun 2023 | £150,321 | £148,500 | APARTMENT 8 QUEENS PARK HOUSE QUEENS ROAD |
| 3 Apr 2023 | £104,121 | £103,000 | APARTMENT 1 QUEENS PARK HOUSE QUEENS ROAD |
| 16 Mar 2023 | £205,435 | £203,500 | 4 QUEENS CLOSE |
| 17 Jun 2022 | £243,440 | £240,000 | THE DENE WESTON AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 16 Jun 2020. Using an estimated price of £378,745 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on WESTON LANE is 173 sq meters (1,868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weston Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Park |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Queen'S Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Morda Road |