£388,372
This estimated value is based upon the latest sale price for the house of £385,000 on 16 Apr 2024. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 16 Apr 2024 |
| £330,000 | 26 Feb 2020 |
| £250,000 | 2 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 April 2024 the House Price Index for SHROPSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £385,000 results in an estimated price of approximately £388,372.
| 16 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £385,000 | £3,372 | £388,372 |
The Postcode Pricing Model uses changes in average sales price within the SY8 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 | 22.398 % | £86,233 | £471,233 |
| 3 Month Average | -17.622 % | £-67,843 | £317,156 |
| 6 Month Average | -7.574 % | £-29,160 | £355,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £240,000 | £240,000 | 53 QUARRY GARDENS |
| 16 Apr 2024 | £388,373 | £385,000 | 2 THE ORCHARD QUARRY GARDENS |
| 22 Mar 2024 | £126,950 | £125,000 | 5 QUARRY GARDENS |
| 20 Mar 2024 | £269,135 | £265,000 | 20 GRAVEL HILL |
| 24 Oct 2023 | £145,300 | £142,000 | FLAT 45 BURGESS COURT GRAVEL HILL |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 9 Jun 2017. Using an estimated price of £388,373 means this house is valued at £2,157 per sq meter (£200 per sq foot).
The average size of a house on QUARRY GARDENS is 95 sq meters (1,033 sq feet).
This house is the largest in the street with a floor area of 180 sq meters (1,937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Quarry Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Quarry Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Quarry Gardens | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ludlow |