£414,929
This estimated value is based upon the latest sale price for the house of £375,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 29 Oct 2021 |
| £275,000 | 8 Sep 2006 |
| £118,000 | 25 Jun 1999 |
| £90,000 | 9 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 October 2021 the House Price Index for SHROPSHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £375,000 results in an estimated price of approximately £414,929.
| 29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £375,000 | £39,929 | £414,929 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -27.283 % | £-102,312 | £272,687 |
| 3 Month Average | -5.551 % | £-20,815 | £354,184 |
| 6 Month Average | -6.079 % | £-22,796 | £352,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £299,433 | £295,000 | 15 EMSCOTE |
| 5 Apr 2023 | £126,361 | £125,000 | 52 COLDRIDGE DRIVE |
| 3 Mar 2023 | £127,703 | £126,500 | 56 COLDRIDGE DRIVE |
| 8 Jul 2022 | £136,868 | £136,500 | 33 COLDRIDGE DRIVE |
| 6 May 2022 | £142,689 | £140,000 | 20 COLDRIDGE DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Dec 2015. Using an estimated price of £414,929 means this house is valued at £3,486 per sq meter (£323 per sq foot).
The average size of a house on CHELWOOD DRIVE is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watchcote |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coldridge Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Katesway |
| Mar 2024 | Anti-social behaviour | On or near Darfield | |
| Feb 2024 | Burglary | Under investigation | On or near Darfield |