£220,966
This estimated value is based upon the latest sale price for the house of £178,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,000 | 15 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 846 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 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £178,000 results in an estimated price of approximately £220,966.
| 15 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £178,000 | £42,966 | £220,966 |
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 | 77.263 % | £137,528 | £315,528 |
| 3 Month Average | 27.080 % | £48,202 | £226,202 |
| 6 Month Average | 25.294 % | £45,023 | £223,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £350,000 | £350,000 | 15 PARKER BOWLES DRIVE |
| 5 Oct 2023 | £260,926 | £255,000 | 35 SHERWOOD CRESCENT |
| 8 Sep 2023 | £199,396 | £195,000 | 21 SHERWOOD CRESCENT |
| 25 Aug 2023 | £371,704 | £365,000 | 32 BENTLEYS ROAD |
| 16 Feb 2023 | £276,849 | £275,000 | 33 SHERWOOD CRESCENT |
This house has a floor area of 78 sq meters or 846 sq feet when measured on 5 Oct 2009. Using an estimated price of £220,967 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on FARCROFT DRIVE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Quorn Grove |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandford Court |
| Jun 2024 | Anti-social behaviour | On or near Alder Road | |
| Jun 2024 | Anti-social behaviour | On or near Alder Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bentleys Road |