£285,803
This estimated value is based upon the latest sale price for the house of £222,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £222,000 | 7 Apr 2017 |
| £188,000 | 12 Apr 2007 |
| £102,000 | 14 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 April 2017 the House Price Index for SHROPSHIRE was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £222,000 results in an estimated price of approximately £285,803.
| 7 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.0 | 28.740 % | £222,000 | £63,803 | £285,803 |
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 | 36.651 % | £81,365 | £303,365 |
| 3 Month Average | 32.145 % | £71,362 | £293,362 |
| 6 Month Average | 27.689 % | £61,469 | £283,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £181,719 | £180,000 | 126 FARCROFT DRIVE |
| 28 Apr 2023 | £198,475 | £197,000 | 78 FARCROFT DRIVE |
| 5 Aug 2022 | £297,937 | £299,950 | 15 FOREST ROAD |
| 27 May 2022 | £276,104 | £272,000 | 28 FOREST ROAD |
| 14 Apr 2022 | £217,436 | £212,000 | 124 FARCROFT DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 16 Jan 2013. Using an estimated price of £285,804 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on FOREST ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near School Lane |
| Apr 2024 | Drugs | Under investigation | On or near Elm Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Red Barn Road |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road | |
| Feb 2024 | Anti-social behaviour | On or near Red Barn Road |