£293,689
This estimated value is based upon the latest sale price for the house of £51,250 on 29 Sep 1995. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £51,250 | 29 Sep 1995 |
| 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 September 1995 the House Price Index for SHROPSHIRE was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.052%.Applying this 473.052% change to the original purchase price of £51,250 results in an estimated price of approximately £293,689.
| 29 Sep 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.052 % | £51,250 | £242,439 | £293,689 |
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 | 277.148 % | £142,038 | £193,288 |
| 3 Month Average | 382.821 % | £196,195 | £247,445 |
| 6 Month Average | 407.528 % | £208,857 | £260,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £333,465 | £325,000 | 9 MARNE CLOSE |
| 2 Oct 2023 | £332,553 | £325,000 | LIME GROVE FIR TREE LANE |
| 22 Aug 2023 | £157,847 | £155,000 | 17 FOXLEIGH GROVE |
| 13 Apr 2023 | £214,003 | £210,000 | 16 OAKLEY MEADOW |
| 2 Mar 2023 | £305,095 | £300,000 | BIRCHWOOD WHITCHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Sycamore Drive |
| Jul 2024 | Anti-social behaviour | On or near Sycamore Drive |