£179,524
This estimated value is based upon the latest sale price for the house of £53,000 on 20 Jul 2001. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£53,000 | 20 Jul 2001 |
£38,000 | 16 Dec 1996 |
£38,000 | 13 Dec 1996 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 2001 the House Price Index for SHROPSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £53,000 results in an estimated price of approximately £179,524.
20 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £53,000 | £126,524 | £179,524 |
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 | 312.129 % | £165,428 | £218,428 |
3 Month Average | 203.880 % | £108,056 | £161,056 |
6 Month Average | 192.821 % | £102,195 | £155,195 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £186,621 | £185,000 | 5 CYPRESS CLOSE |
25 Oct 2023 | £133,021 | £130,000 | 21 PORTLAND DRIVE |
13 Sep 2023 | £214,734 | £210,000 | 53 ELM DRIVE |
8 Sep 2023 | £214,734 | £210,000 | 5 FARCROFT DRIVE |
15 Jul 2022 | £222,227 | £220,000 | 10 CYPRESS CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Oct 2014. Using an estimated price of £179,525 means this house is valued at £2,992 per sq meter (£277 per sq foot).
The average size of a house on PORTLAND DRIVE is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cedar Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monksfield |
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Elm Drive |
Jul 2024 | Anti-social behaviour | On or near Grotto Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grotto Road |