£224,119
This estimated value is based upon the latest sale price for the house of £148,000 on 6 Aug 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 6 Aug 2014 |
| £125,000 | 23 Jan 2004 |
| £59,500 | 31 May 2000 |
| £51,000 | 5 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 49 sq meters or 527 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 2014 the House Price Index for SHROPSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £148,000 results in an estimated price of approximately £224,119.
| 6 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £148,000 | £76,119 | £224,119 |
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 | 70.980 % | £105,051 | £253,051 |
| 3 Month Average | 45.946 % | £68,000 | £216,000 |
| 6 Month Average | 41.527 % | £61,460 | £209,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £402,034 | £395,000 | 12 QUARRY BANK ROAD |
| 31 Jul 2023 | £608,186 | £600,000 | PLOT 1 FLASH LANE |
| 23 Mar 2023 | £222,092 | £220,000 | 54 QUARRY BANK ROAD |
| 23 Mar 2023 | £373,519 | £370,000 | 43 VALLEY VIEW |
| 18 Aug 2022 | £688,148 | £690,000 | HUNKY DORY TERN VIEW |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 26 Apr 2014. Using an estimated price of £224,119 means this house is valued at £4,573 per sq meter (£424 per sq foot).
The average size of a house on TERN VIEW is 110 sq meters (1,190 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Oak Tree Close |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Valley View |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clifford Road |