£297,259
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 25 Mar 2020 |
| £175,000 | 6 Sep 2018 |
| £166,000 | 26 Aug 2011 |
| £99,500 | 17 May 2002 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2020 the House Price Index for SHROPSHIRE was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £250,000 results in an estimated price of approximately £297,259.
| 25 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £250,000 | £47,259 | £297,259 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | -2.875 % | £-7,186 | £242,813 |
| 3 Month Average | 19.931 % | £49,828 | £299,828 |
| 6 Month Average | 27.863 % | £69,658 | £319,658 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Oct 2019.
The average size of a house on LANESFIELD is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Andrews Road |
| Mar 2024 | Public order | Under investigation | On or near Ladycroft Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ladycroft Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ladycroft Close |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Ladycroft Close |