£290,857
This estimated value is based upon the latest sale price for the house of £214,995 on 18 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Parking Area
More crime details
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Price Paid | Date |
---|---|
£214,995 | 18 May 2016 |
£198,995 | 22 Dec 2006 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £214,995 results in an estimated price of approximately £290,857.
18 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £214,995 | £75,862 | £290,857 |
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 | 147.701 % | £317,550 | £532,545 |
3 Month Average | 51.928 % | £111,642 | £326,637 |
6 Month Average | 38.812 % | £83,443 | £298,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £182,809 | £180,000 | 27 DAMSON FAYRE |
3 Apr 2023 | £206,869 | £203,000 | 8 STUART WAY |
11 Nov 2022 | £204,046 | £205,000 | 21 VERNON DRIVE |
10 Jun 2022 | £219,696 | £215,000 | 55 VERNON DRIVE |
26 Nov 2021 | £290,902 | £267,000 | 8 DARWIN CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Sep 2015. Using an estimated price of £290,857 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on VERNON DRIVE is 112 sq meters (1,213 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bevan Way |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Way |
Jul 2024 | Anti-social behaviour | On or near Hampton Drive |