£502,842
This estimated value is based upon the latest sale price for the house of £410,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £410,000 | 15 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2019 the House Price Index for SHROPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £410,000 results in an estimated price of approximately £502,842.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £410,000 | £92,842 | £502,842 |
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 | -33.885 % | £-138,928 | £271,071 |
| 3 Month Average | 10.131 % | £41,536 | £451,536 |
| 6 Month Average | 13.328 % | £54,645 | £464,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £75,318 | £74,000 | 28 LAPWOOD DRIVE |
| 4 Dec 2023 | £175,063 | £172,000 | 29 CAMROSS DRIVE |
| 11 Sep 2023 | £197,526 | £195,000 | 9 LEABANK CLOSE |
| 11 Mar 2022 | £391,189 | £377,500 | 10 BEECHWOOD DRIVE |
| 29 Oct 2021 | £580,901 | £525,000 | 8 WINNEY HILL VIEW |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 24 Sep 2019. Using an estimated price of £502,843 means this house is valued at £4,372 per sq meter (£406 per sq foot).
The average size of a house on ELLESMERE ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Moveage |
| 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 |