£322,241
This estimated value is based upon the latest sale price for the house of £242,000 on 14 Jul 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £242,000 | 14 Jul 2016 |
| £84,000 | 12 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2016 the House Price Index for SHROPSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £242,000 results in an estimated price of approximately £322,241.
| 14 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £242,000 | £80,241 | £322,241 |
The Postcode Pricing Model uses changes in average sales price within the WR15 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 | 68.477 % | £165,714 | £407,714 |
| 3 Month Average | 44.593 % | £107,914 | £349,914 |
| 6 Month Average | 21.188 % | £51,274 | £293,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £257,251 | £255,000 | 5 SPRING CLOSE |
| 4 Aug 2023 | £179,571 | £178,000 | 42 OAK TREE CLOSE |
| 31 Mar 2023 | £320,015 | £317,000 | CASTLEBROOKE |
| 21 Jul 2022 | £290,783 | £290,000 | 4 OLD BOWLING GREEN CLOSE |
| 6 Jul 2022 | £195,526 | £195,000 | 7 OLD BOWLING GREEN CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Jul 2014. Using an estimated price of £322,241 means this house is valued at £4,028 per sq meter (£374 per sq foot).
The average size of a house on ARCHERS WAY is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Old Bowling Green Close |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |