£274,532
This estimated value is based upon the latest sale price for the house of £266,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£266,000 | 25 Mar 2022 |
£229,950 | 24 Aug 2018 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 March 2022 the House Price Index for SHROPSHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £266,000 results in an estimated price of approximately £274,532.
25 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.0 | 3.208 % | £266,000 | £8,532 | £274,532 |
The Postcode Pricing Model uses changes in average sales price within the SY13 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 | 15.702 % | £41,768 | £307,768 |
3 Month Average | 39.442 % | £104,914 | £370,914 |
6 Month Average | 20.353 % | £54,138 | £320,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £481,177 | £475,000 | 14 CHESTER AVENUE |
27 Apr 2023 | £629,680 | £625,000 | THE GRANGE CHESTER AVENUE |
3 Aug 2022 | £794,631 | £800,000 | FAIRVIEW HOUSE COTTESLOE RIDGE |
25 Mar 2022 | £274,533 | £266,000 | 4 ORCHARD AVENUE |
17 Dec 2021 | £330,786 | £310,000 | 4 TIMEKEEPERS WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Aug 2018. Using an estimated price of £274,533 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on ORCHARD AVENUE is 122 sq meters (1,318 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Oak Tree Way | |
Feb 2024 | Anti-social behaviour | On or near Oak Tree Way | |
Feb 2024 | Anti-social behaviour | On or near Oak Tree Way | |
Feb 2024 | Anti-social behaviour | On or near Oak Tree Way | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Way |