£251,421
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 28 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 £205,000 results in an estimated price of approximately £251,421.
| 28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £205,000 | £46,421 | £251,421 |
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 | 52.059 % | £106,720 | £311,720 |
| 3 Month Average | 17.553 % | £35,983 | £240,983 |
| 6 Month Average | 22.801 % | £46,741 | £251,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £205,210 | £203,000 | 8 STUART WAY |
| 31 Mar 2023 | £204,426 | £202,500 | 24 MILTON DRIVE |
| 17 Mar 2023 | £137,293 | £136,000 | 23 TUDOR CLOSE |
| 27 Jun 2022 | £360,089 | £355,000 | 37 MILTON DRIVE |
| 10 Jun 2022 | £218,082 | £215,000 | 55 VERNON DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 May 2019. Using an estimated price of £251,421 means this house is valued at £2,306 per sq meter (£214 per sq foot).
The average size of a house on MILTON DRIVE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Milton Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Milton Drive |
| Mar 2024 | Burglary | Under investigation | On or near Darwin Close |
| Jan 2024 | Other crime | Under investigation | On or near Stuart Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hampton Drive |