£460,472
This estimated value is based upon the latest sale price for the house of £250,000 on 6 May 2005. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 6 May 2005 |
| £106,000 | 16 Jul 1999 |
| Semi-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 May 2005 the House Price Index for SHROPSHIRE was 80.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 84.189%.Applying this 84.189% change to the original purchase price of £250,000 results in an estimated price of approximately £460,472.
| 6 May 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.0 | 84.189 % | £250,000 | £210,472 | £460,472 |
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 | 46.136 % | £115,340 | £365,340 |
| 3 Month Average | 61.270 % | £153,174 | £403,174 |
| 6 Month Average | 67.650 % | £169,126 | £419,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £581,536 | £578,000 | FERN HILL MIDDLE LANE |
| 30 Sep 2022 | £558,211 | £565,000 | THE LILACS |
| 13 May 2022 | £253,772 | £250,000 | 4 SYTCH LANE |
| 15 Mar 2022 | £165,133 | £160,000 | 8 CITY ROAD |
| 11 Mar 2022 | £464,435 | £450,000 | 1B SYTCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shop Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shop Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Middle Lane |