£282,514
This estimated value is based upon the latest sale price for the house of £60,000 on 8 May 1998. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£60,000 | 8 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 1998 the House Price Index for SHROPSHIRE was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £60,000 results in an estimated price of approximately £282,514.
8 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £60,000 | £222,514 | £282,514 |
The Postcode Pricing Model uses changes in average sales price within the WV16 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 | 298.684 % | £179,210 | £239,210 |
3 Month Average | 324.322 % | £194,593 | £254,593 |
6 Month Average | 277.594 % | £166,556 | £226,556 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £260,000 | £260,000 | 47 DUCHESS DRIVE |
1 Dec 2023 | £305,342 | £300,000 | 108 VICTORIA ROAD |
31 Aug 2023 | £282,421 | £279,950 | 57 DUCHESS DRIVE |
5 Aug 2022 | £259,302 | £260,000 | 130 VICTORIA ROAD |
30 Jun 2022 | £213,010 | £210,000 | 1 DUCHESS DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Sep 2013. Using an estimated price of £282,515 means this house is valued at £3,487 per sq meter (£324 per sq foot).
The average size of a house on DUCHESS DRIVE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Duchess Drive |
Jan 2024 | Anti-social behaviour | On or near Duchess Drive | |
Jan 2024 | Anti-social behaviour | On or near Duchess Drive | |
Jan 2024 | Anti-social behaviour | On or near Duchess Drive | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Queensway Drive |