£296,136
This estimated value is based upon the latest sale price for the house of £52,000 on 17 Jul 1995. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £52,000 | 17 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 1995 the House Price Index for SHROPSHIRE was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 469.494%.Applying this 469.494% change to the original purchase price of £52,000 results in an estimated price of approximately £296,136.
| 17 Jul 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 469.494 % | £52,000 | £244,136 | £296,136 |
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 | 449.252 % | £233,611 | £285,611 |
| 3 Month Average | 316.346 % | £164,499 | £216,499 |
| 6 Month Average | 320.630 % | £166,727 | £218,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £210,000 | £210,000 | 104 FARCROFT DRIVE |
| 28 Apr 2023 | £200,755 | £197,000 | 78 FARCROFT DRIVE |
| 5 Aug 2022 | £301,359 | £299,950 | 15 FOREST ROAD |
| 27 May 2022 | £279,276 | £272,000 | 28 FOREST ROAD |
| 14 Apr 2022 | £219,933 | £212,000 | 124 FARCROFT DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Nov 2014. Using an estimated price of £296,137 means this house is valued at £3,701 per sq meter (£343 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Alder Road | |
| Jun 2024 | Anti-social behaviour | On or near Alder Road | |
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Elm Drive |
| Jul 2024 | Drugs | Under investigation | On or near Red Barn Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Barn Road |