£295,716
This estimated value is based upon the latest sale price for the house of £238,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£238,000 | 12 Jul 2019 |
£187,000 | 12 Nov 2004 |
£79,000 | 13 Aug 1998 |
£73,000 | 31 Jul 1997 |
£74,300 | 18 Aug 1995 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for SHROPSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £238,000 results in an estimated price of approximately £295,716.
12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £238,000 | £57,716 | £295,716 |
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 | 54.370 % | £129,400 | £367,400 |
3 Month Average | 23.371 % | £55,623 | £293,623 |
6 Month Average | 19.127 % | £45,522 | £283,522 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £345,620 | £335,000 | 7 CROFT WAY |
19 Sep 2023 | £224,959 | £220,000 | 14 STABLE LANE |
15 Mar 2023 | £472,897 | £465,000 | 1 CROFT WAY |
16 Aug 2022 | £185,869 | £185,000 | 9 VERRILL CLOSE |
22 Jul 2022 | £303,036 | £300,000 | 2 PEZENAS DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 6 Jul 2016. Using an estimated price of £295,716 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on CROFT WAY is 116 sq meters (1,258 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 |