£337,053
This estimated value is based upon the latest sale price for the house of £210,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 6 Dec 2013 |
| £185,000 | 16 Jun 2003 |
| £83,500 | 6 Aug 1998 |
| 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 December 2013 the House Price Index for SHROPSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £210,000 results in an estimated price of approximately £337,053.
| 6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £210,000 | £127,053 | £337,053 |
The Postcode Pricing Model uses changes in average sales price within the SY1 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 | -8.315 % | £-17,461 | £192,538 |
| 3 Month Average | 28.571 % | £59,998 | £269,998 |
| 6 Month Average | 42.679 % | £89,626 | £299,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £75,318 | £74,000 | 28 LAPWOOD DRIVE |
| 4 Dec 2023 | £175,063 | £172,000 | 29 CAMROSS DRIVE |
| 29 Nov 2023 | £355,260 | £350,000 | 1 BUTTERWICK DRIVE |
| 17 Nov 2023 | £355,260 | £350,000 | 6 BUTTERWICK DRIVE |
| 22 Sep 2023 | £81,036 | £80,000 | 46 BARKSTONE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadhaven Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Butterwick Drive |
| Feb 2024 | Burglary | Under investigation | On or near Lapwood Drive |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Lapwood Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Moveage |