£583,333
This estimated value is based upon the latest sale price for the house of £350,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 31 May 2013 |
| 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 2013 the House Price Index for SHROPSHIRE was 88.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 66.667%.Applying this 66.667% change to the original purchase price of £350,000 results in an estimated price of approximately £583,333.
| 31 May 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.0 | 66.667 % | £350,000 | £233,333 | £583,333 |
The Postcode Pricing Model uses changes in average sales price within the TF11 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 | -2.069 % | £-7,241 | £342,758 |
| 3 Month Average | 37.781 % | £132,233 | £482,233 |
| 6 Month Average | 36.358 % | £127,252 | £477,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £689,191 | £685,000 | HEATH MOUNT MILL LANE |
| 4 Nov 2022 | £300,625 | £305,500 | MILLPOND COTTAGE |
| 23 Sep 2022 | £503,872 | £510,000 | LANGLEY HOUSE |
| 31 Aug 2022 | £610,872 | £615,000 | HILTON |
| 31 Mar 2022 | £412,831 | £400,000 | MILL HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Parking Area |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grooms Lane |