£479,175
This estimated value is based upon the latest sale price for the house of £300,000 on 13 Jan 2014. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 13 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 January 2014 the House Price Index for SHROPSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £300,000 results in an estimated price of approximately £479,175.
| 13 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £300,000 | £179,175 | £479,175 |
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 | 99.951 % | £299,853 | £599,853 |
| 3 Month Average | 48.806 % | £146,419 | £446,419 |
| 6 Month Average | 55.610 % | £166,828 | £466,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £310,000 | £310,000 | 12 SWISS FARM ROAD |
| 7 Nov 2023 | £431,387 | £425,000 | WAYSIDE MYTTON OAK ROAD |
| 27 Sep 2023 | £415,310 | £410,000 | 9 WELLMEADOW DRIVE |
| 31 Aug 2023 | £381,336 | £378,000 | 19 WESTLANDS ROAD |
| 7 Aug 2023 | £418,663 | £415,000 | 55 WESTLANDS ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 24 Aug 2013. Using an estimated price of £479,176 means this house is valued at £4,563 per sq meter (£423 per sq foot).
The average size of a house on CHESTNUT CLOSE is 177 sq meters (1,905 sq feet).
This house is the smallest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Well Meadow Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swiss Farm Road |
| Dec 2023 | Anti-social behaviour | On or near Westlands Road | |
| Dec 2023 | Anti-social behaviour | On or near Westlands Road | |
| Dec 2023 | Anti-social behaviour | On or near Westlands Road |