£261,398
This estimated value is based upon the latest sale price for the house of £154,000 on 22 Apr 2010. 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
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| Price Paid | Date |
|---|---|
| £154,000 | 22 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 994 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 April 2010 the House Price Index for SHROPSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £154,000 results in an estimated price of approximately £261,398.
| 22 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £154,000 | £107,398 | £261,398 |
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 | 51.838 % | £79,829 | £233,829 |
| 3 Month Average | 48.159 % | £74,165 | £228,165 |
| 6 Month Average | 39.818 % | £61,319 | £215,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £340,966 | £335,000 | 7 CROFT WAY |
| 30 Nov 2023 | £131,954 | £130,000 | APARTMENT 3 THE LODGE ALEXANDRA ROAD |
| 19 Sep 2023 | £222,849 | £220,000 | 14 STABLE LANE |
| 8 Sep 2023 | £212,720 | £210,000 | 5 FARCROFT DRIVE |
| 13 Jul 2023 | £223,001 | £220,000 | 5 STABLE LANE |
This house has a floor area of 92 sq meters or 994 sq feet when measured on 22 Jan 2009. Using an estimated price of £261,399 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on CEDAR CLOSE is 78 sq meters (847 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Close |
| Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
| 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancel Drive |