£525,454
This estimated value is based upon the latest sale price for the house of £435,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£435,000 | 17 Aug 2020 |
£205,000 | 11 Jan 2001 |
£185,000 | 22 May 1998 |
Detached |
Freehold |
Floor Area: 172 sq meters or 1,851 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 August 2020 the House Price Index for SHROPSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £435,000 results in an estimated price of approximately £525,454.
17 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £435,000 | £90,454 | £525,454 |
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 | 93.291 % | £405,813 | £840,813 |
3 Month Average | 27.552 % | £119,849 | £554,849 |
6 Month Average | 23.273 % | £101,235 | £536,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Feb 2023 | £387,589 | £385,000 | 12 SAMBROOK CRESCENT |
25 Nov 2022 | £377,236 | £379,000 | TALBOT HOUSE NEWCASTLE ROAD |
21 Oct 2022 | £323,918 | £325,000 | FARNLEY BETTON ROAD |
29 Jul 2022 | £530,314 | £525,000 | 15 MILLFIELD DRIVE |
28 Jun 2022 | £506,834 | £496,000 | 22 MILLFIELD DRIVE |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 4 Jun 2020. Using an estimated price of £525,455 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on MILLFIELD DRIVE is 169 sq meters (1,827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Sambrook Crescent | |
Jun 2024 | Anti-social behaviour | On or near Sambrook Crescent | |
Jul 2024 | Anti-social behaviour | On or near Betton Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Betton Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterside Drive |