£146,544
This estimated value is based upon the latest sale price for the house of £26,950 on 15 Nov 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £26,950 | 15 Nov 1996 |
| Terraced |
| Leasehold |
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 November 1996 the House Price Index for SHROPSHIRE was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £26,950 results in an estimated price of approximately £146,544.
| 15 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £26,950 | £119,594 | £146,544 |
The Postcode Pricing Model uses changes in average sales price within the TF1 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 | 238.781 % | £64,351 | £91,301 |
| 3 Month Average | 267.533 % | £72,100 | £99,050 |
| 6 Month Average | 315.347 % | £84,986 | £111,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £131,415 | £130,000 | 149 MERCIA DRIVE |
| 17 Feb 2023 | £217,853 | £218,000 | 34 MERCIA DRIVE |
| 17 Feb 2023 | £194,869 | £195,000 | 23 MERCIA DRIVE |
| 27 Jan 2023 | £179,156 | £180,000 | 20 MERCIA DRIVE |
| 31 Oct 2022 | £93,988 | £95,000 | 63 MERCIA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mercia Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acacia Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Acacia Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Epsom Court |