£697,606
This estimated value is based upon the latest sale price for the house of £650,000 on 1 Sep 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£650,000 | 1 Sep 2021 |
Detached |
Freehold |
Floor Area: 266 sq meters or 2,863 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 September 2021 the House Price Index for SHROPSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £650,000 results in an estimated price of approximately £697,606.
1 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £650,000 | £47,606 | £697,606 |
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 | 17.013 % | £110,584 | £760,584 |
3 Month Average | -6.887 % | £-44,762 | £605,237 |
6 Month Average | -7.705 % | £-50,080 | £599,919 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £406,472 | £404,000 | PENFOLD COTTAGE, 13 - 14 DRAYTON ROAD |
17 Mar 2023 | £392,120 | £390,000 | THE GABLES WEBSTERS LANE |
1 Feb 2023 | £487,693 | £490,000 | THE FIELDS WEBSTERS LANE |
30 Sep 2022 | £148,198 | £150,000 | THE SIDINGS WEBSTERS LANE |
30 Aug 2022 | £188,675 | £189,950 | 3 WOOD LANE |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 20 May 2021. Using an estimated price of £697,607 means this house is valued at £2,622 per sq meter (£243 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Drayton Road |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
Mar 2024 | Public order | Under investigation | On or near Parking Area |
Apr 2024 | Other crime | Under investigation | On or near Church Street |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Shrewsbury Street |