£358,570
This estimated value is based upon the latest sale price for the house of £312,000 on 22 Jul 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £312,000 | 22 Jul 2021 |
| £249,950 | 24 Jan 2014 |
| Semi-Detached |
| 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 July 2021 the House Price Index for SHROPSHIRE was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £312,000 results in an estimated price of approximately £358,570.
| 22 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £312,000 | £46,570 | £358,570 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 44.110 % | £137,622 | £449,622 |
| 3 Month Average | 20.021 % | £62,466 | £374,466 |
| 6 Month Average | -2.391 % | £-7,461 | £304,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £169,544 | £170,000 | 7 WOODLANDS CRESCENT |
| 29 Jul 2022 | £210,567 | £210,000 | 1 FORGE ROAD |
| 25 Feb 2022 | £174,083 | £166,000 | 66 WOOD LANE |
| 11 Feb 2022 | £264,271 | £252,000 | 14 WOODLANDS CRESCENT |
| 26 Nov 2021 | £64,891 | £60,000 | 2 WOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Forge Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oak Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Road |