£427,240
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Aug 2009. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£235,000 | 6 Aug 2009 |
Detached |
Freehold |
Floor Area: 67 sq meters or 724 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 August 2009 the House Price Index for SHROPSHIRE was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £235,000 results in an estimated price of approximately £427,240.
6 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 149.7 | 81.804 % | £235,000 | £192,240 | £427,240 |
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 | 123.336 % | £289,840 | £524,840 |
3 Month Average | 76.592 % | £179,990 | £414,990 |
6 Month Average | 63.940 % | £150,258 | £385,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £231,642 | £227,000 | 39 CHANCEL DRIVE |
31 Mar 2023 | £366,114 | £360,000 | 3 GALLOWSFIELD WALK |
21 Nov 2022 | £164,232 | £165,000 | 6 AUMBRY CLOSE |
4 Jul 2022 | £258,591 | £256,000 | 5 CHANCEL DRIVE |
26 Nov 2021 | £326,801 | £299,950 | 3 DEAN CLOSE |
This house has a floor area of 67 sq meters or 724 sq feet when measured on 22 Apr 2009. Using an estimated price of £427,240 means this house is valued at £6,349 per sq meter (£589 per sq foot).
The average size of a house on GALLOWSFIELD WALK is 161 sq meters (1,733 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Rogers Close |
Jul 2024 | Drugs | Under investigation | On or near Red Barn Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Barn Road |
Jun 2024 | Other theft | Under investigation | On or near Red Barn Road |