£265,343
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 21 Mar 2016 |
Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2016 the House Price Index for SHROPSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £195,000 results in an estimated price of approximately £265,343.
21 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £195,000 | £70,343 | £265,343 |
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 | 103.842 % | £202,491 | £397,491 |
3 Month Average | 40.211 % | £78,411 | £273,411 |
6 Month Average | 39.015 % | £76,080 | £271,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £180,000 | £180,000 | 63 ROWAN ROAD |
19 Jun 2023 | £229,601 | £225,000 | 13 GROVE GARDENS |
28 Jun 2022 | £296,334 | £290,000 | 52 ROWAN ROAD |
25 Apr 2022 | £399,407 | £385,000 | 2 GROVE GARDENS |
25 Feb 2022 | £276,792 | £262,000 | 64 GROVE GARDENS |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 10 Feb 2014. Using an estimated price of £265,344 means this house is valued at £2,456 per sq meter (£228 per sq foot).
The average size of a house on GROVE GARDENS is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Grove Gardens |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Grove Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Annefield Close |