£327,447
This estimated value is based upon the latest sale price for the house of £169,950 on 9 Aug 2004. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £169,950 | 9 Aug 2004 |
| £50,000 | 15 Dec 1995 |
| 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 August 2004 the House Price Index for SHROPSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £169,950 results in an estimated price of approximately £327,447.
| 9 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £169,950 | £157,497 | £327,447 |
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 | 38.118 % | £64,781 | £234,731 |
| 3 Month Average | 56.380 % | £95,818 | £265,768 |
| 6 Month Average | 61.698 % | £104,855 | £274,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £193,384 | £190,000 | 8 BEAN BANK |
| 18 Aug 2023 | £242,118 | £240,000 | LAVENDER VILLA |
| 1 Aug 2023 | £696,090 | £690,000 | THE CASTLE |
| 19 Jan 2023 | £248,828 | £250,000 | 28 WOOD LANE |
| 19 Oct 2022 | £192,923 | £195,000 | 8 THE DRUMBLE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mickley Lane |
| Apr 2024 | Possession of weapons | Under investigation | On or near Lostford Lane |
| Apr 2024 | Drugs | Under investigation | On or near Lostford Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bletchley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bletchley Road |