£305,122
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 27 Oct 2017 |
| £230,000 | 29 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 October 2017 the House Price Index for SHROPSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £240,000 results in an estimated price of approximately £305,122.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £240,000 | £65,122 | £305,122 |
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 | 154.661 % | £371,186 | £611,186 |
| 3 Month Average | 30.420 % | £73,008 | £313,008 |
| 6 Month Average | 26.443 % | £63,464 | £303,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £232,015 | £230,000 | 74 PROSPECT ROAD |
| 4 Apr 2023 | £337,309 | £331,000 | 15 THE PADDOCKS |
| 15 Mar 2023 | £472,897 | £465,000 | 1 CROFT WAY |
| 2 Mar 2023 | £290,349 | £285,500 | 10 THE PADDOCKS |
| 27 Jan 2023 | £320,857 | £320,000 | 18 THE BRIDLEWAY |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 3 Jun 2017. Using an estimated price of £305,122 means this house is valued at £2,440 per sq meter (£226 per sq foot).
The average size of a house on THE PADDOCKS is 150 sq meters (1,624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pezenas Drive | |
| Apr 2024 | Anti-social behaviour | On or near Pezenas Drive | |
| Apr 2024 | Anti-social behaviour | On or near Pezenas Drive | |
| Apr 2024 | Anti-social behaviour | On or near Pezenas Drive | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ridings Close |