£354,534
This estimated value is based upon the latest sale price for the house of £71,000 on 12 Sep 1997. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £71,000 | 12 Sep 1997 |
| Detached |
| Freehold |
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 September 1997 the House Price Index for SHROPSHIRE was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £71,000 results in an estimated price of approximately £354,534.
| 12 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £71,000 | £283,534 | £354,534 |
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 | 249.803 % | £177,359 | £248,359 |
| 3 Month Average | 268.041 % | £190,309 | £261,309 |
| 6 Month Average | 297.021 % | £210,884 | £281,884 |
| 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 |
| 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 |