£363,937
This estimated value is based upon the latest sale price for the house of £272,500 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£272,500 | 24 Jun 2016 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2016 the House Price Index for SHROPSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £272,500 results in an estimated price of approximately £363,937.
24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £272,500 | £91,437 | £363,937 |
The Postcode Pricing Model uses changes in average sales price within the SY2 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 | 70.167 % | £191,204 | £463,704 |
3 Month Average | 42.720 % | £116,412 | £388,912 |
6 Month Average | 33.544 % | £91,408 | £363,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £470,702 | £465,000 | 4 DOVE CLOSE |
10 Mar 2023 | £248,844 | £246,500 | 19 DOVE CLOSE |
8 Mar 2023 | £343,234 | £340,000 | 47 DOVE CLOSE |
9 Sep 2022 | £327,356 | £330,000 | 14 DOVE CLOSE |
14 Jul 2022 | £265,715 | £265,000 | 7 GARDENERS PLACE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 17 May 2016. Using an estimated price of £363,937 means this house is valued at £3,433 per sq meter (£318 per sq foot).
The average size of a house on DOVE CLOSE is 117 sq meters (1,262 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Drugs | Under investigation | On or near Dove Close |
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Dec 2023 | Anti-social behaviour | On or near Murrell Way | |
Dec 2023 | Anti-social behaviour | On or near Murrell Way |