£393,719
This estimated value is based upon the latest sale price for the house of £80,500 on 23 Oct 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£80,500 | 23 Oct 1997 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 October 1997 the House Price Index for SHROPSHIRE was 30.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 389.093%.Applying this 389.093% change to the original purchase price of £80,500 results in an estimated price of approximately £393,719.
23 Oct 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 146.7 | 389.093 % | £80,500 | £313,219 | £393,719 |
The Postcode Pricing Model uses changes in average sales price within the TF5 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 | 334.555 % | £269,316 | £349,816 |
3 Month Average | 438.515 % | £353,004 | £433,504 |
6 Month Average | 361.901 % | £291,329 | £371,829 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 20 Jun 2015.
The average size of a house on GAINSBOROUGH WAY is 119 sq meters (1,291 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cote Road |
Jan 2024 | Anti-social behaviour | On or near Cote Road | |
Jan 2024 | Anti-social behaviour | On or near Cote Road | |
Jan 2024 | Anti-social behaviour | On or near Cote Road | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cote Road |