£646,883
This estimated value is based upon the latest sale price for the house of £520,000 on 18 Sep 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £520,000 | 18 Sep 2018 |
| £135,000 | 2 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 233 sq meters or 2,507 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 September 2018 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £520,000 results in an estimated price of approximately £646,883.
| 18 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £520,000 | £126,883 | £646,883 |
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 | 39.107 % | £203,358 | £723,358 |
| 3 Month Average | 33.673 % | £175,098 | £695,098 |
| 6 Month Average | 31.012 % | £161,262 | £681,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £151,537 | £148,500 | APARTMENT 8 QUEENS PARK HOUSE QUEENS ROAD |
| 3 Apr 2023 | £104,963 | £103,000 | APARTMENT 1 QUEENS PARK HOUSE QUEENS ROAD |
| 16 Mar 2023 | £206,956 | £203,500 | 4 QUEENS CLOSE |
| 17 Jun 2022 | £245,242 | £240,000 | THE DENE WESTON AVENUE |
| 21 Jan 2022 | £134,645 | £127,000 | APARTMENT 7 QUEENS PARK HOUSE QUEENS ROAD |
This house has a floor area of 233 sq meters or 2,507 sq feet when measured on 24 Dec 2014. Using an estimated price of £646,883 means this house is valued at £2,776 per sq meter (£257 per sq foot).
The average size of a house on WESTON LANE is 173 sq meters (1,868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Public order | Under investigation | On or near Morda Road |
| Jul 2024 | Other crime | Under investigation | On or near Morda Road |