£354,961
This estimated value is based upon the latest sale price for the house of £107,500 on 25 Sep 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£107,500 | 25 Sep 2001 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2001 the House Price Index for SHROPSHIRE was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £107,500 results in an estimated price of approximately £354,961.
25 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 149.7 | 230.197 % | £107,500 | £247,461 | £354,961 |
The Postcode Pricing Model uses changes in average sales price within the TF9 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 | 249.268 % | £267,963 | £375,463 |
3 Month Average | 193.225 % | £207,717 | £315,217 |
6 Month Average | 183.378 % | £197,131 | £304,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £186,621 | £185,000 | 5 CYPRESS CLOSE |
30 Nov 2023 | £215,469 | £210,000 | 30 FARCROFT DRIVE |
25 Oct 2023 | £133,021 | £130,000 | 21 PORTLAND DRIVE |
13 Sep 2023 | £214,734 | £210,000 | 53 ELM DRIVE |
8 Sep 2023 | £214,734 | £210,000 | 5 FARCROFT DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Mar 2014. Using an estimated price of £354,962 means this house is valued at £3,988 per sq meter (£370 per sq foot).
The average size of a house on APPLE GROVE is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Elm Drive |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cedar Close |
Jul 2024 | Anti-social behaviour | On or near Grotto Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |