£707,471
This estimated value is based upon the latest sale price for the house of £687,000 on 1 Apr 2022. 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 Grangefields
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| Price Paid | Date |
|---|---|
| £687,000 | 1 Apr 2022 |
| £575,000 | 7 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 April 2022 the House Price Index for SHROPSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £687,000 results in an estimated price of approximately £707,471.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £687,000 | £20,471 | £707,471 |
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 | 49.365 % | £339,134 | £1,026,134 |
| 3 Month Average | 4.966 % | £34,119 | £721,119 |
| 6 Month Average | 6.523 % | £44,809 | £731,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £404,354 | £400,000 | 8 GRANGEFIELDS |
| 31 Aug 2022 | £892,597 | £895,000 | 66 ROMAN ROAD |
| 1 Apr 2022 | £707,472 | £687,000 | 50 ROMAN ROAD |
| 3 Sep 2020 | £474,953 | £400,000 | 43 KENNEDY ROAD |
| 19 Aug 2020 | £371,710 | £310,000 | 33 GRANGEFIELDS ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 4 May 2018. Using an estimated price of £707,472 means this house is valued at £4,113 per sq meter (£382 per sq foot).
The average size of a house on ROMAN ROAD is 166 sq meters (1,793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Grangefields |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Field |
| Mar 2024 | Public order | Under investigation | On or near Ladycroft Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ladycroft Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ladycroft Close |