£201,539
This estimated value is based upon the latest sale price for the house of £172,500 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Cedar Close
More crime details
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Price Paid | Date |
---|---|
£172,500 | 23 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 October 2020 the House Price Index for SHROPSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £172,500 results in an estimated price of approximately £201,539.
23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £172,500 | £29,039 | £201,539 |
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 | 7.990 % | £13,783 | £186,283 |
3 Month Average | 3.043 % | £5,248 | £177,748 |
6 Month Average | 12.752 % | £21,997 | £194,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £185,000 | £185,000 | 5 CYPRESS CLOSE |
13 Jul 2023 | £222,101 | £220,000 | 5 STABLE LANE |
2 Jun 2023 | £221,798 | £220,000 | 6 MEADOW CLOSE |
15 Jul 2022 | £219,703 | £220,000 | 10 CYPRESS CLOSE |
24 Jun 2022 | £237,406 | £235,000 | 20 STABLE LANE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 18 Jul 2014. Using an estimated price of £201,540 means this house is valued at £3,732 per sq meter (£346 per sq foot).
The average size of a house on CEDAR CLOSE is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashwood Close |
Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancel Drive |