£489,374
This estimated value is based upon the latest sale price for the house of £337,000 on 2 Jun 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£337,000 | 2 Jun 2015 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 June 2015 the House Price Index for SHROPSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £337,000 results in an estimated price of approximately £489,374.
2 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £337,000 | £152,374 | £489,374 |
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 | 76.802 % | £258,821 | £595,821 |
3 Month Average | 47.949 % | £161,587 | £498,587 |
6 Month Average | 52.276 % | £176,171 | £513,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £580,151 | £570,000 | 2 INGLEBY WAY |
17 Nov 2023 | £644,542 | £635,000 | 2 BEAUFORT RIDGE |
25 Aug 2023 | £423,707 | £420,000 | 17 MERLIN ROAD |
23 Aug 2023 | £413,618 | £410,000 | 13 INGLEBY WAY |
19 Jul 2023 | £572,708 | £565,000 | SHELTON LEA |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 21 May 2015. Using an estimated price of £489,374 means this house is valued at £4,112 per sq meter (£382 per sq foot).
The average size of a house on INGLEBY WAY is 144 sq meters (1,555 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Larkhill Road |
Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
Dec 2023 | Anti-social behaviour | On or near Thornhill Road | |
Dec 2023 | Anti-social behaviour | On or near Thornhill Road |