£362,654
This estimated value is based upon the latest sale price for the house of £77,250 on 12 Jun 1998. 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 Lapwood Drive
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Price Paid | Date |
---|---|
£77,250 | 12 Jun 1998 |
£72,500 | 9 May 1995 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 1998 the House Price Index for SHROPSHIRE was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £77,250 results in an estimated price of approximately £362,654.
12 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £77,250 | £285,404 | £362,654 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | 182.074 % | £140,652 | £217,902 |
3 Month Average | 298.282 % | £230,422 | £307,672 |
6 Month Average | 333.901 % | £257,938 | £335,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £75,318 | £74,000 | 28 LAPWOOD DRIVE |
29 Nov 2023 | £355,260 | £350,000 | 1 BUTTERWICK DRIVE |
17 Nov 2023 | £355,260 | £350,000 | 6 BUTTERWICK DRIVE |
22 Sep 2023 | £81,036 | £80,000 | 46 BARKSTONE DRIVE |
16 Jun 2023 | £178,158 | £176,000 | 41 BARKSTONE DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 2 Mar 2015. Using an estimated price of £362,655 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on BARKSTONE DRIVE is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Lapwood Drive |
Dec 2023 | Robbery | Unable to prosecute suspect | On or near Lapwood Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Butterwick Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadhaven Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Moveage |