£332,935
This estimated value is based upon the latest sale price for the house of £59,995 on 9 Aug 1996. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
There has been one burglary within the last year on or near Cedar Close
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| Price Paid | Date |
|---|---|
| £59,995 | 9 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 1996 the House Price Index for SHROPSHIRE was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £59,995 results in an estimated price of approximately £332,935.
| 9 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £59,995 | £272,940 | £332,935 |
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 | 321.707 % | £193,008 | £253,003 |
| 3 Month Average | 334.501 % | £200,683 | £260,678 |
| 6 Month Average | 327.864 % | £196,702 | £256,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £340,966 | £335,000 | 7 CROFT WAY |
| 30 Nov 2023 | £131,954 | £130,000 | APARTMENT 3 THE LODGE ALEXANDRA ROAD |
| 8 Sep 2023 | £212,720 | £210,000 | 5 FARCROFT DRIVE |
| 12 Jul 2023 | £415,593 | £410,000 | 57 ALEXANDRA ROAD |
| 23 Mar 2023 | £277,615 | £275,000 | 2 WESTLAND ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 22 Nov 2013. Using an estimated price of £332,936 means this house is valued at £2,821 per sq meter (£262 per sq foot).
The average size of a house on ALEXANDRA ROAD is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grotto Road |
| Feb 2024 | Burglary | Under investigation | On or near Stable Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Simons Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simons Road |