£438,603
This estimated value is based upon the latest sale price for the house of £349,995 on 21 Mar 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £349,995 | 21 Mar 2018 |
| 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 March 2018 the House Price Index for SHROPSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £349,995 results in an estimated price of approximately £438,603.
| 21 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £349,995 | £88,608 | £438,603 |
The Postcode Pricing Model uses changes in average sales price within the SY5 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 | -30.925 % | £-108,235 | £241,759 |
| 3 Month Average | 21.188 % | £74,157 | £424,152 |
| 6 Month Average | 26.370 % | £92,291 | £442,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £522,739 | £515,000 | THE RETREAT |
| 28 Jul 2023 | £253,411 | £250,000 | 3 THE FARRS |
| 28 Jul 2023 | £214,892 | £212,000 | 5 FORGE WAY |
| 15 Sep 2022 | £277,757 | £280,000 | 6 THE BANK |
| 31 Aug 2022 | £194,477 | £195,000 | 17 FORGE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Farrs |
| Jan 2024 | Anti-social behaviour | On or near The Farrs | |
| Jan 2024 | Anti-social behaviour | On or near The Farrs | |
| Jan 2024 | Anti-social behaviour | On or near The Farrs | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Farrs |