£191,500
This estimated value is based upon the latest sale price for the house of £155,000 on 13 Jun 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 13 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 June 2019 the House Price Index for SHROPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £155,000 results in an estimated price of approximately £191,500.
| 13 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £155,000 | £36,500 | £191,500 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 20.338 % | £31,523 | £186,523 |
| 3 Month Average | 16.219 % | £25,139 | £180,139 |
| 6 Month Average | 24.091 % | £37,341 | £192,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £253,065 | £250,000 | NEWBORO MIDDLETON ROAD |
| 25 Jan 2023 | £184,133 | £185,000 | 61 LABURNUM DRIVE |
| 13 Jan 2023 | £189,109 | £190,000 | 2 WOODLANDS CLOSE |
| 10 Oct 2022 | £237,443 | £240,000 | 47A LABURNUM DRIVE |
| 25 Jul 2022 | £181,489 | £181,000 | 47 LABURNUM DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 Oct 2018. Using an estimated price of £191,500 means this house is valued at £1,877 per sq meter (£174 per sq foot).
The average size of a house on CHERRY TREE DRIVE is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Laburnum Drive | |
| Feb 2024 | Anti-social behaviour | On or near Laburnum Drive | |
| Mar 2024 | Anti-social behaviour | On or near Beech Grove | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Beech Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plas Newydd Close |