£173,433
This estimated value is based upon the latest sale price for the house of £139,950 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £139,950 | 27 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for SHROPSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £139,950 results in an estimated price of approximately £173,433.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £139,950 | £33,483 | £173,433 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 62.359 % | £87,270 | £227,220 |
| 3 Month Average | 25.269 % | £35,364 | £175,314 |
| 6 Month Average | 24.691 % | £34,555 | £174,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £279,133 | £275,000 | 31 WATS DRIVE |
| 14 Apr 2023 | £171,850 | £170,000 | 32 CAMBRIAN DRIVE |
| 15 Mar 2023 | £93,885 | £93,000 | 7 GOBOWEN ROAD |
| 27 Jan 2023 | £213,992 | £215,000 | 11 COPPICE DRIVE |
| 19 Aug 2022 | £165,554 | £166,000 | 55 GOBOWEN ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Dec 2017. Using an estimated price of £173,434 means this house is valued at £2,089 per sq meter (£194 per sq foot).
The average size of a house on OFFA DRIVE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Offa Drive | |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gobowen Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gobowen Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gobowen Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gobowen Road |