£283,036
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Mar 2007. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£175,000 | 15 Mar 2007 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 March 2007 the House Price Index for SHROPSHIRE was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £175,000 results in an estimated price of approximately £283,036.
15 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £175,000 | £108,036 | £283,036 |
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 | 68.694 % | £120,214 | £295,214 |
3 Month Average | 42.186 % | £73,825 | £248,825 |
6 Month Average | 36.884 % | £64,546 | £239,546 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £180,000 | £180,000 | 27 DAMSON FAYRE |
21 Jul 2023 | £216,920 | £214,000 | 23 DAMSON FAYRE |
3 Apr 2023 | £340,668 | £337,000 | 23 HAMPTON DRIVE |
3 Apr 2023 | £205,210 | £203,000 | 8 STUART WAY |
26 Nov 2021 | £288,764 | £267,000 | 8 DARWIN CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 1 Jul 2021. Using an estimated price of £283,036 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on STUART WAY is 113 sq meters (1,225 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Under investigation | On or near Stuart Way |
Mar 2024 | Burglary | Under investigation | On or near Darwin Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hampton Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bevan Way |
Apr 2024 | Shoplifting | Under investigation | On or near Milton Drive |