£169,164
This estimated value is based upon the latest sale price for the house of £118,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Cedar Close
More crime details
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| Price Paid | Date |
|---|---|
| £118,000 | 31 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 July 2015 the House Price Index for SHROPSHIRE was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £118,000 results in an estimated price of approximately £169,164.
| 31 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £118,000 | £51,164 | £169,164 |
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 | 55.747 % | £65,781 | £183,781 |
| 3 Month Average | 42.265 % | £49,872 | £167,872 |
| 6 Month Average | 36.901 % | £43,543 | £161,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £185,000 | £185,000 | 5 CYPRESS CLOSE |
| 19 Dec 2023 | £341,460 | £335,000 | 7 CROFT WAY |
| 30 Nov 2023 | £131,691 | £130,000 | APARTMENT 3 THE LODGE ALEXANDRA ROAD |
| 13 Jul 2023 | £222,101 | £220,000 | 5 STABLE LANE |
| 2 Jun 2023 | £221,798 | £220,000 | 6 MEADOW CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 2 Dec 2014. Using an estimated price of £169,164 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on CEDAR CLOSE is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Close |
| Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashwood Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashwood Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancel Drive |