£585,965
This estimated value is based upon the latest sale price for the house of £350,000 on 4 Jun 2010. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 4 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,463 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 June 2010 the House Price Index for SHROPSHIRE was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.419%.Applying this 67.419% change to the original purchase price of £350,000 results in an estimated price of approximately £585,965.
| 4 Jun 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.419 % | £350,000 | £235,965 | £585,965 |
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 | 85.465 % | £299,125 | £649,125 |
| 3 Month Average | 44.125 % | £154,439 | £504,439 |
| 6 Month Average | 60.034 % | £210,119 | £560,119 |
This house has a floor area of 135 sq meters or 1,463 sq feet when measured on 3 Mar 2010.
The average size of a house on BANK FARM ROAD is 229 sq meters (2,470 sq feet).
This house is the smallest in the street with a floor area of 135 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bank Drive West |
| Feb 2024 | Bicycle theft | Further investigation is not in the public interest | On or near Longden Road |
| Feb 2024 | Bicycle theft | Further action is not in the public interest | On or near Longden Road |