£339,534
This estimated value is based upon the latest sale price for the house of £197,000 on 22 Nov 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£197,000 | 22 Nov 2011 |
£84,500 | 24 Mar 2000 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,191 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 November 2011 the House Price Index for SHROPSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £197,000 results in an estimated price of approximately £339,534.
22 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £197,000 | £142,534 | £339,534 |
The Postcode Pricing Model uses changes in average sales price within the SY12 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 | -14.977 % | £-29,504 | £167,495 |
3 Month Average | 21.973 % | £43,287 | £240,287 |
6 Month Average | 22.513 % | £44,349 | £241,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £1,475,822 | £1,450,000 | THE GRANGE GRANGE ROAD |
12 Sep 2023 | £239,057 | £236,000 | 11 CYGNET CLOSE |
23 Jun 2023 | £182,207 | £180,000 | 2 CYGNET CLOSE |
6 Apr 2022 | £231,705 | £225,000 | 15 KINGFISHER WALK |
3 Dec 2021 | £299,986 | £280,000 | 10 CYGNET CLOSE |
This house has a floor area of 110 sq meters or 1,191 sq feet when measured on 27 Jul 2010. Using an estimated price of £339,534 means this house is valued at £3,066 per sq meter (£284 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Diksmuide Drive |
Apr 2024 | Anti-social behaviour | On or near Smithfield Way | |
Jan 2024 | Burglary | Under investigation | On or near Willow Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trimpley Street |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |