£220,322
This estimated value is based upon the latest sale price for the house of £149,950 on 7 Apr 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Stable Lane
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| Price Paid | Date |
|---|---|
| £149,950 | 7 Apr 2015 |
| £63,950 | 26 Sep 1995 |
| 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 April 2015 the House Price Index for SHROPSHIRE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £149,950 results in an estimated price of approximately £220,322.
| 7 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £149,950 | £70,372 | £220,322 |
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 | 48.253 % | £72,354 | £222,304 |
| 3 Month Average | 42.808 % | £64,191 | £214,141 |
| 6 Month Average | 38.741 % | £58,092 | £208,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £340,966 | £335,000 | 7 CROFT WAY |
| 19 Sep 2023 | £222,849 | £220,000 | 14 STABLE LANE |
| 13 Jul 2023 | £223,001 | £220,000 | 5 STABLE LANE |
| 2 Jun 2023 | £222,698 | £220,000 | 6 MEADOW CLOSE |
| 15 Mar 2023 | £469,423 | £465,000 | 1 CROFT WAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jun 2015. Using an estimated price of £220,322 means this house is valued at £3,193 per sq meter (£296 per sq foot).
The average size of a house on MEADOW CLOSE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
| Apr 2024 | Anti-social behaviour | On or near Pezenas Drive | |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rush Lane |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rush Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Close |