£1,050,090
This estimated value is based upon the latest sale price for the house of £850,000 on 10 Oct 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £850,000 | 10 Oct 2019 |
| 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 October 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £850,000 results in an estimated price of approximately £1,050,090.
| 10 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £850,000 | £200,090 | £1,050,090 |
The Postcode Pricing Model uses changes in average sales price within the SY6 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 | -42.136 % | £-358,154 | £491,845 |
| 3 Month Average | 18.985 % | £161,372 | £1,011,372 |
| 6 Month Average | 27.822 % | £236,483 | £1,086,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £857,446 | £850,000 | WORSLEY |
| 29 Apr 2024 | £302,628 | £300,000 | THE HEATHERS |
| 19 Dec 2023 | £557,119 | £540,000 | THE OLD CHAPEL LOWER WOOD |
| 2 Oct 2023 | £1,279,050 | £1,250,000 | MIDDLE FARM |
| 15 Jun 2023 | £704,110 | £690,000 | BROOKFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fallowfield |