£257,799
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 27 Aug 2020 |
| £76,250 | 3 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 August 2020 the House Price Index for SHROPSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £215,000 results in an estimated price of approximately £257,799.
| 27 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £215,000 | £42,799 | £257,799 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 51.695 % | £111,143 | £326,143 |
| 3 Month Average | 11.691 % | £25,135 | £240,135 |
| 6 Month Average | 21.025 % | £45,204 | £260,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £304,508 | £300,000 | 14 LOWER PARK DRIVE |
| 21 Jul 2023 | £283,820 | £280,000 | 8 LOWER PARK DRIVE |
| 17 Mar 2023 | £272,568 | £270,000 | 21 ACORN WAY |
| 4 Nov 2022 | £726,204 | £735,000 | 5 ACORN WAY |
| 5 Aug 2022 | £299,195 | £300,000 | 1 MARSH MEADOW CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 2 Sep 2016. Using an estimated price of £257,799 means this house is valued at £2,455 per sq meter (£228 per sq foot).
The average size of a house on SWAN GATE is 150 sq meters (1,621 sq feet).
This house is the smallest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Linnet Gate |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marsh Meadow Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Quail Gate |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Quail Gate |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acorn Way |