£346,003
This estimated value is based upon the latest sale price for the house of £282,000 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£282,000 | 4 Sep 2019 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 September 2019 the House Price Index for SHROPSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £282,000 results in an estimated price of approximately £346,003.
4 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £282,000 | £64,003 | £346,003 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 28.258 % | £79,686 | £361,686 |
3 Month Average | 25.890 % | £73,010 | £355,010 |
6 Month Average | 36.897 % | £104,050 | £386,050 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £312,736 | £310,000 | 8 COLLEY CLOSE |
19 Apr 2023 | £631,803 | £625,000 | 180 UNDERDALE ROAD |
8 Mar 2023 | £199,378 | £197,500 | 18 DRAKE CLOSE |
30 Mar 2022 | £233,159 | £225,000 | 8 CURIA CLOSE |
11 Feb 2022 | £351,313 | £335,000 | 10 EDEN CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Feb 2019. Using an estimated price of £346,004 means this house is valued at £3,760 per sq meter (£349 per sq foot).
The average size of a house on ARDEN CLOSE is 122 sq meters (1,315 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Corinthian Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lowfield |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Lowfield |
Jan 2024 | Burglary | Under investigation | On or near Lowfield |
Dec 2023 | Anti-social behaviour | On or near Lowfield |