£353,189
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Jul 2017 |
| Detached |
| Freehold |
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 July 2017 the House Price Index for SHROPSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £275,000 results in an estimated price of approximately £353,189.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £275,000 | £78,189 | £353,189 |
The Postcode Pricing Model uses changes in average sales price within the SY4 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 | 6.177 % | £16,987 | £291,987 |
| 3 Month Average | 42.954 % | £118,123 | £393,123 |
| 6 Month Average | 51.937 % | £142,825 | £417,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £225,113 | £220,000 | 6 CRABTREE LANE |
| 2 Oct 2023 | £332,553 | £325,000 | LIME GROVE FIR TREE LANE |
| 15 Sep 2023 | £587,961 | £575,000 | SUNNYCROFT SUMMERFIELD ROAD |
| 8 Sep 2023 | £163,607 | £160,000 | 11 PYMS ROAD |
| 31 Mar 2023 | £305,090 | £299,995 | 8 CRABTREE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Sycamore Drive | |
| Jul 2024 | Other crime | Under investigation | On or near Sycamore Drive |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Marlcroft |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near New Street |