£718,489
This estimated value is based upon the latest sale price for the house of £177,000 on 24 Dec 1999. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£177,000 | 24 Dec 1999 |
Detached |
Freehold |
Floor Area: 206 sq meters or 2,217 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 December 1999 the House Price Index for SHROPSHIRE was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £177,000 results in an estimated price of approximately £718,489.
24 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.9 | 149.7 | 305.926 % | £177,000 | £541,489 | £718,489 |
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 | 320.230 % | £566,807 | £743,807 |
3 Month Average | 223.699 % | £395,947 | £572,947 |
6 Month Average | 226.212 % | £400,395 | £577,395 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £285,143 | £280,000 | 53 CHANCEL DRIVE |
23 Jun 2023 | £231,642 | £227,000 | 39 CHANCEL DRIVE |
27 Jan 2023 | £315,844 | £315,000 | 31 CHANCEL DRIVE |
21 Nov 2022 | £164,232 | £165,000 | 6 AUMBRY CLOSE |
4 Jul 2022 | £258,591 | £256,000 | 5 CHANCEL DRIVE |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 25 Jul 2018. Using an estimated price of £718,489 means this house is valued at £3,487 per sq meter (£324 per sq foot).
The average size of a house on LONGSLOW ROAD is 108 sq meters (1,169 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A53 |
Apr 2024 | Anti-social behaviour | On or near A53 | |
Apr 2024 | Anti-social behaviour | On or near A53 | |
Apr 2024 | Anti-social behaviour | On or near A53 | |
Apr 2024 | Anti-social behaviour | On or near A53 |