£366,293
This estimated value is based upon the latest sale price for the house of £235,000 on 18 Jan 2008. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 18 Jan 2008 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 January 2008 the House Price Index for SHROPSHIRE was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £235,000 results in an estimated price of approximately £366,293.
| 18 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £235,000 | £131,293 | £366,293 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 88.441 % | £207,836 | £442,836 |
| 3 Month Average | 41.907 % | £98,480 | £333,480 |
| 6 Month Average | 50.597 % | £118,904 | £353,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £221,882 | £218,000 | 19 MONEYBROOK WAY |
| 24 Jul 2023 | £233,133 | £229,995 | 19 STAPLETON ROAD |
| 9 Jun 2023 | £253,065 | £250,000 | 3 THE ELMS |
| 6 Apr 2023 | £117,263 | £116,000 | 27 ALMS COURT |
| 27 Mar 2023 | £184,236 | £182,500 | 67 MONEYBROOK WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Jun 2013. Using an estimated price of £366,293 means this house is valued at £4,636 per sq meter (£430 per sq foot).
The average size of a house on HEREFORD ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Knolls Farm Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Knolls Farm Close |
| Feb 2024 | Anti-social behaviour | On or near Knolls Farm Close | |
| Feb 2024 | Anti-social behaviour | On or near Knolls Farm Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knolls Farm Close |