£231,058
This estimated value is based upon the latest sale price for the house of £187,500 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£187,500 | 5 Oct 2018 |
£154,000 | 20 Jul 2012 |
£150,000 | 22 Aug 2005 |
£139,000 | 10 May 2005 |
£64,950 | 29 Nov 1996 |
Detached |
Freehold |
Floor Area: 72 sq meters or 776 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 2018 the House Price Index for SHROPSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £187,500 results in an estimated price of approximately £231,058.
5 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £187,500 | £43,558 | £231,058 |
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 | 48.360 % | £90,675 | £278,175 |
3 Month Average | 19.794 % | £37,113 | £224,613 |
6 Month Average | 30.605 % | £57,384 | £244,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £334,603 | £331,000 | 15 THE PADDOCKS |
15 Mar 2023 | £469,423 | £465,000 | 1 CROFT WAY |
2 Mar 2023 | £288,215 | £285,500 | 10 THE PADDOCKS |
22 Jul 2022 | £300,810 | £300,000 | 2 PEZENAS DRIVE |
17 Jun 2022 | £255,612 | £252,000 | 14 CROFT WAY |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 31 Aug 2011. Using an estimated price of £231,058 means this house is valued at £3,204 per sq meter (£297 per sq foot).
The average size of a house on PEZENAS DRIVE is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Pezenas Drive | |
Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rush Lane |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rush Lane |
Apr 2024 | Anti-social behaviour | On or near Orwell Road |