£336,995
This estimated value is based upon the latest sale price for the house of £257,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £257,000 | 7 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2016 the House Price Index for SHROPSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £257,000 results in an estimated price of approximately £336,995.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £257,000 | £79,995 | £336,995 |
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 | 53.885 % | £138,484 | £395,484 |
| 3 Month Average | 25.459 % | £65,428 | £322,428 |
| 6 Month Average | 28.592 % | £73,480 | £330,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £554,706 | £545,000 | 257 COPTHORNE ROAD |
| 15 Aug 2023 | £282,471 | £280,000 | FLAT 1 LOCK COURT COPTHORNE ROAD |
| 31 Mar 2023 | £360,749 | £357,350 | 5 ALVERLEY CLOSE |
| 27 Jan 2023 | £316,011 | £317,500 | 14 ALVERLEY CLOSE |
| 9 Nov 2022 | £158,085 | £160,000 | FLAT 10 LOCK COURT COPTHORNE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 30 Aug 2016. Using an estimated price of £336,996 means this house is valued at £3,271 per sq meter (£303 per sq foot).
The average size of a house on GREENACRE ROAD is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Alverley Close |
| Dec 2023 | Anti-social behaviour | On or near Kenwood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Kenwood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Kenwood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Kenwood Drive |