£238,752
This estimated value is based upon the latest sale price for the house of £140,000 on 31 May 2012. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 31 May 2012 |
| £79,500 | 2 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 May 2012 the House Price Index for SHROPSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £140,000 results in an estimated price of approximately £238,752.
| 31 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £140,000 | £98,752 | £238,752 |
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 | 59.989 % | £83,984 | £223,984 |
| 3 Month Average | 45.661 % | £63,926 | £203,926 |
| 6 Month Average | 48.458 % | £67,841 | £207,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £182,456 | £180,000 | 126 FARCROFT DRIVE |
| 28 Apr 2023 | £199,144 | £197,000 | 78 FARCROFT DRIVE |
| 14 Apr 2022 | £218,317 | £212,000 | 124 FARCROFT DRIVE |
| 24 Feb 2022 | £244,346 | £233,000 | 94 FARCROFT DRIVE |
| 14 Jan 2022 | £249,421 | £237,000 | 38 COUNTRY MEADOWS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Dec 2021. Using an estimated price of £238,753 means this house is valued at £3,730 per sq meter (£346 per sq foot).
The average size of a house on PARKER BOWLES DRIVE is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Red Barn Road |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Rogers Close |