£132,224
This estimated value is based upon the latest sale price for the house of £78,000 on 2 Feb 2011. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 2 Feb 2011 |
| £34,000 | 3 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 312 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 February 2011 the House Price Index for SHROPSHIRE was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.519%.Applying this 69.519% change to the original purchase price of £78,000 results in an estimated price of approximately £132,224.
| 2 Feb 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.519 % | £78,000 | £54,224 | £132,224 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 114.911 % | £89,630 | £167,630 |
| 3 Month Average | 57.331 % | £44,717 | £122,717 |
| 6 Month Average | 57.473 % | £44,828 | £122,828 |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 28 Feb 2020.
The average size of a house on NEWHAM WAY is 39 sq meters (422 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Cotshore Drive |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Cotshore Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cotshore Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |