£401,613
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£320,000 | 5 Jan 2018 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 January 2018 the House Price Index for SHROPSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £320,000 results in an estimated price of approximately £401,613.
5 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £320,000 | £81,613 | £401,613 |
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 | 53.184 % | £170,189 | £490,189 |
3 Month Average | 42.905 % | £137,297 | £457,297 |
6 Month Average | 35.772 % | £114,471 | £434,471 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £317,556 | £312,000 | 7 CROSSBILL ROAD |
28 Sep 2023 | £227,914 | £225,000 | 2 RADBROOK CRESCENT |
8 Aug 2023 | £378,814 | £375,500 | 12 GREENFINCH DRIVE |
27 Jul 2023 | £329,434 | £325,000 | 1 GREENFINCH DRIVE |
31 Mar 2023 | £295,282 | £292,500 | 3 GREENFINCH DRIVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 1 Dec 2014. Using an estimated price of £401,613 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on RED DEER ROAD is 106 sq meters (1,147 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Crossbill Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Balliol Way |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Balliol Way |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balliol Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Whinberry Road |