£147,407
This estimated value is based upon the latest sale price for the house of £118,500 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,500 | 28 Jun 2018 |
| £90,000 | 20 Mar 2015 |
| £34,000 | 25 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2018 the House Price Index for SHROPSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £118,500 results in an estimated price of approximately £147,407.
| 28 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £118,500 | £28,907 | £147,407 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | -19.444 % | £-23,041 | £95,458 |
| 3 Month Average | 59.537 % | £70,551 | £189,051 |
| 6 Month Average | 48.107 % | £57,006 | £175,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £184,876 | £185,000 | 4 SPAN MEADOW |
| 24 Jun 2022 | £172,437 | £170,000 | 16 OAKFIELD ROAD |
| 23 Jun 2022 | £182,580 | £180,000 | 51 SPAN MEADOW |
| 12 May 2022 | £180,909 | £177,500 | 112 OAKFIELD ROAD |
| 12 Apr 2022 | £175,066 | £170,000 | 21 OAKFIELD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Aug 2014. Using an estimated price of £147,407 means this house is valued at £2,019 per sq meter (£187 per sq foot).
The average size of a house on OAKFIELD ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Span Meadow |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oakfield Road |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Oakfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cote Road |
| Jan 2024 | Anti-social behaviour | On or near Cote Road |