£79,988
This estimated value is based upon the latest sale price for the house of £28,560 on 22 Jul 2002. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£28,560 | 22 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 July 2002 the House Price Index for SHROPSHIRE was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £28,560 results in an estimated price of approximately £79,988.
22 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £28,560 | £51,428 | £79,988 |
The Postcode Pricing Model uses changes in average sales price within the SY11 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 | 143.829 % | £41,077 | £69,637 |
3 Month Average | 132.525 % | £37,849 | £66,409 |
6 Month Average | 164.884 % | £47,090 | £75,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jan 2023 | £184,133 | £185,000 | 61 LABURNUM DRIVE |
10 Oct 2022 | £237,443 | £240,000 | 47A LABURNUM DRIVE |
25 Jul 2022 | £181,489 | £181,000 | 47 LABURNUM DRIVE |
4 Mar 2022 | £199,480 | £192,500 | 18 LABURNUM DRIVE |
21 Sep 2021 | £199,355 | £185,000 | 8A PLAS NEWYDD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Jul 2012. Using an estimated price of £79,989 means this house is valued at £941 per sq meter (£87 per sq foot).
The average size of a house on LABURNUM DRIVE is 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Laburnum Drive | |
Feb 2024 | Anti-social behaviour | On or near Laburnum Drive | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plas Newydd Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plas Newydd Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holly Green |