£433,788
This estimated value is based upon the latest sale price for the house of £78,000 on 4 Apr 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 4 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 1996 the House Price Index for SHROPSHIRE was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.139%.Applying this 456.139% change to the original purchase price of £78,000 results in an estimated price of approximately £433,788.
| 4 Apr 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.139 % | £78,000 | £355,788 | £433,788 |
The Postcode Pricing Model uses changes in average sales price within the TF4 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 | 231.685 % | £180,714 | £258,714 |
| 3 Month Average | 275.278 % | £214,716 | £292,716 |
| 6 Month Average | 315.693 % | £246,240 | £324,240 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 4 Sep 2015.
The average size of a house on BRIDGWATER CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Bridgwater Close |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Stirchley Lane |
| Mar 2024 | Other crime | Under investigation | On or near Cooke Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beames Close |