£524,459
This estimated value is based upon the latest sale price for the house of £515,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£515,000 | 25 Aug 2023 |
£475,000 | 10 Jan 2019 |
Detached |
Freehold |
Floor Area: 149 sq meters or 1,603 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 2023 the House Price Index for SHROPSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £515,000 results in an estimated price of approximately £524,459.
25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £515,000 | £9,459 | £524,459 |
The Postcode Pricing Model uses changes in average sales price within the SY3 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 | 27.072 % | £139,422 | £654,422 |
3 Month Average | 16.213 % | £83,499 | £598,499 |
6 Month Average | 11.625 % | £59,867 | £574,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £595,106 | £580,000 | 14 LADY HERBERT WAY |
25 Aug 2023 | £524,459 | £515,000 | 4 HEADMASTERS ROW |
5 Apr 2023 | £585,960 | £575,000 | 2 HEADMASTERS ROW |
28 Mar 2023 | £136,276 | £134,000 | 23 RADBROOK HALL COURT |
9 Aug 2022 | £124,080 | £123,500 | 45 RADBROOK HALL COURT |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 4 Jan 2019. Using an estimated price of £524,459 means this house is valued at £3,519 per sq meter (£327 per sq foot).
The average size of a house on HEADMASTERS ROW is 153 sq meters (1,649 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Radbrook Hall Court |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Radbrook Hall Court |
Jul 2024 | Anti-social behaviour | On or near Marlpool Close | |
Jul 2024 | Anti-social behaviour | On or near St Andrews Road | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near High Ridge Way |