£238,719
This estimated value is based upon the latest sale price for the house of £53,500 on 7 May 1999. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£53,500 | 7 May 1999 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,019 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 May 1999 the House Price Index for SHROPSHIRE was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £53,500 results in an estimated price of approximately £238,719.
7 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 149.7 | 346.205 % | £53,500 | £185,219 | £238,719 |
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 | 410.732 % | £219,741 | £273,241 |
3 Month Average | 285.605 % | £152,798 | £206,298 |
6 Month Average | 253.425 % | £135,582 | £189,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £186,621 | £185,000 | 5 CYPRESS CLOSE |
25 Oct 2023 | £133,021 | £130,000 | 21 PORTLAND DRIVE |
8 Sep 2023 | £214,734 | £210,000 | 5 FARCROFT DRIVE |
18 Aug 2022 | £243,137 | £242,000 | 43 ALEXANDRA ROAD |
15 Jul 2022 | £222,227 | £220,000 | 10 CYPRESS CLOSE |
This house has a floor area of 94 sq meters or 1,019 sq feet when measured on 24 Mar 2010. Using an estimated price of £238,720 means this house is valued at £2,520 per sq meter (£234 per sq foot).
The average size of a house on CYPRESS CLOSE is 98 sq meters (1,064 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cedar Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monksfield |
Jul 2024 | Anti-social behaviour | On or near Grotto Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |