£380,115
This estimated value is based upon the latest sale price for the house of £375,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 28 Jul 2023 |
| £250,000 | 18 Nov 2010 |
| £225,000 | 17 Jun 2005 |
| £86,250 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,307 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 2023 the House Price Index for SHROPSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £375,000 results in an estimated price of approximately £380,115.
| 28 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £375,000 | £5,115 | £380,115 |
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 | 5.911 % | £22,167 | £397,167 |
| 3 Month Average | -4.045 % | £-15,168 | £359,831 |
| 6 Month Average | -3.935 % | £-14,756 | £360,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £337,658 | £331,750 | 107 CHESHIRE STREET |
| 4 Dec 2023 | £180,152 | £177,000 | 5 TOWERS LAWN COURT |
| 28 Jul 2023 | £380,116 | £375,000 | 24 MAER LANE |
| 14 Jul 2023 | £91,228 | £90,000 | 8 THE BRAMPTON SMITHFIELD ROAD |
| 28 Feb 2023 | £99,933 | £100,000 | 2 DRAYTON MILL COURT |
This house has a floor area of 121 sq meters or 1,307 sq feet when measured on 29 Jul 2010. Using an estimated price of £380,116 means this house is valued at £3,129 per sq meter (£290 per sq foot).
The average size of a house on MAER LANE is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Shoplifting | Under investigation | On or near Supermarket |